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    Guangxi Cocoon Silk Market Or Turning Point &Nbsp; The Scenery Should Be Long Enough.

    2011/11/14 11:28:00 9

    This week, despite the European debt crisis "pressing the gourd to float the bucket", the Greek problem has just been appease, the economic and political situation in Italy has become a problem again, and the international commodity prices have fallen across the board, but the price of cocoon silk is relatively independent.

    Silkworm cocoon

    The impact of the acquisition factor, the shock increased, trading volume did not give effective cooperation.

    The acquisition of autumn cocoons has been over in all major producing areas of the country. There are still some cocoons purchased in some areas of Guangxi, and the annual output of cocoons will soon come out.

    At the same time, the determination of the cocoon is supporting the cocoon price upward. The GJ12033 has put up an upward posture on the K-line, and the 5 week plus 5, 10 day moving average system has also opened up.

    Resources

    The scarce market is likely to open up.


    SS12033 is supported on the 5 day line, Friday.

    Closing price

    A breakthrough of 300 thousand yuan, reaching 303000 yuan, daily trading volume is also the highest in the week, reaching 256 batches, but the technology level is not as good as the GJ12033 upside form.

    The most obvious feature of the SS12033 market trend is the continuous increase of positions, from the 1330 batches of Monday to the 1432 installment on Friday, with the increase of about 8%. It shows that the parties are preparing grain and ammunition for future market, and the scenery should be long enough.


    The National Cocoon and silk Office recently announced the "12th Five-Year development plan for cocoon and silk industry" at the Forum on Cocoon and silk industry development held in Hangzhou recently.

    The outline is clear that by 2015, the total output value of the silk industry is expected to reach 200 billion yuan, the export of real silk goods will remain above 3 billion 500 million US dollars, and 10 independent famous brands with national characteristics and international influence will be created.

    The construction of 100 billion yuan industry is a long-term good for the cocoon and silk industry. In recent years, the domestic demand market of silk has gradually risen, and the demand potential of emerging economies has been further released, creating a demand base for cocoon silk production.

    The October macroeconomic data released in November showed that the CPI growth rate was down, and the severe problems such as high production costs and difficult loans faced by cocoon silk enterprises may be alleviated.


    But on the other hand, in the near future, whether the European debt crisis will trigger a new round of financial crisis, especially the impact of the evolution of the Italy crisis on consumption, the cocoon and silk industry must pay attention to: according to customs statistics, 1-9 months, Italy is China's sericulture commodity exports ranked third of the important exporter.

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