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    Guangxi Cocoon Silk: The Overall Decline Of &Nbsp; Market Continuity.

    2011/10/21 11:24:00 21

    Guangxi Silk Continues To Decline

    On the 20 day, cocoon silk fell largely in Guangxi market. The momentum of yesterday's rally failed to continue.

    Although dried cocoons have fallen, they are still relatively strong.

    trend

    In the past week, 103 fell 700 yuan to close at 91300 yuan, and the 033 yuan in the far month fell 900 yuan to 96800 yuan, 156 batches of orders, 34 batches of dry cocoon turnover and 252 orders for general orders.

    Raw silk fell down nearly 103 yuan in the past week, 2300 yuan to close at 302500 yuan, 26 batches, 26 yuan in the far month, 3700 yuan for 296500 yuan, 184 batches, 1226 orders, raw silk total turnover of 278 batches, total orders 1594 batches, a slight increase, overall, raw silk is near strong, far weaker, and close to far closing price difference is more than 1594. It is estimated that market participants are more conservative and cautious about the market outlook.


    Basically, according to the announcement of the National Bureau of Statistics recently

    data

    The textile industry grew by 8.3% in September compared with the same period in the previous year, 7.5% in 1~9 month on year, and 64 billion 500 million in the total retail sales of consumer goods. Clothing, shoes and hats and needle textiles in September were 64 billion 500 million yuan, an increase of 27.6% compared with the same period last year, a rise of 24.8% in the month of 1~9, an increase of 24.8% over the same period last year, a rise in consumer prices in September, a 3.2% increase in September compared with the same month in September, and a 1.6% increase in the month of September.

    From the current situation, the domestic consumption level is better than the foreign market, but China's silk industry is also mainly dependent on exports, so if the foreign market is in the second half of the year,

    consumption

    Once the market is opened, the situation of cocoon silk market will be stronger again.

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