Guangxi Cocoon Silk: Continuous Upward &Nbsp; Market Turn Better.
The 30 day is the last trading day before the National Day holiday.
Guangxi Market
Cocoon silk continued to maintain a steady upward trend, beginning this week, the overall rebound continues.
Today, the dry cocoon on the disk has been largely recovered, and raw silk has been falling far and wide, which has maintained a relatively strong upward trend on the whole.
Dry cocoon rose 094 in the past week, 500 to 86000 yuan, 033 next year, 1800 yuan to 98000 yuan, and again approaching the 100 thousand price point. The total turnover of dry cocoon is 64 batches, 227 orders of total orders, the total turnover is 16 batches, the raw silk 094 dropped by 16 yuan, and the yuan contract is up to RMB yuan.
At about 34 yuan per kilogram, the output of the silkworm eggs increased by 17 thousand and 200 yuan in late autumn in the Xiuzhou District of Jiaxing City, Zhejiang. The silkworm rearing rate in late autumn accounted for 74% of the whole autumn silkworm. It is the year when the silkworm rearing in the Xiuzhou area accounts for the highest proportion of the whole autumn silkworm rearing in the past ten years. However, it seems that it has encountered many difficulties from the recent situation. Currently, the unfavorable factors in the late autumn of the Xiuzhou area are mainly drought. By September 29th, there was hardly any rain in September, resulting in the growth of new leaves of mulberry leaves. On the news side, the second batch of autumn cocoon purchase in Guangxi came to an end.
The biggest news this week is the announcement of the price of the national storage and storage factory, which has been rising for nearly two days.
In the announcement of cocoon and silk office, the state cocoon and silk office will track the effect of the acquisition and reflect all aspects, constantly standardize and improve the reserve system of the national factory silk, and appropriately collect or store the reserve silk according to the market situation of cocoon silk.
There is a view in the industry that the implementation of the purchase and storage of the state is conducive to stabilizing cocoon silk production and the market expectations of operators and downstream enterprises.
At the same time, the low price of cocoon and the low profit of mulberry silkworm breeding are the main reasons for the low enthusiasm of sericulture farmers.
If this situation is not improved, it will continue to cause harm to the enthusiasm of sericultural farmers and intensify the contradiction between supply and demand of cocoon silk.
The purchase and storage of the state will also help restore the enthusiasm of sericultural farmers.
On the external economic environment, there is a view that the European debt problem is far from being solved.
Economics
The deadlock in the recession has not improved. After the trend panic, the market sentiment is still cautiously optimistic. The market still maintains a weak trend of recovery in the short term. We have been vigilant against the risk of the rebound of cocoon silk prices in recent weeks.
After entering the national holiday in October, a new round of market trend will also open.
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