Jiaxing Market: A Slight Gain, Positive Turnover

16 days (Wednesday) Disk surface Cocoon silk index Slight rise 0.07% close 2987.27. 1112 dry cocoon and B Silk Rose 300 yuan, respectively, to receive 97800 yuan and 302700 yuan; 1203 dry cocoons rose 900 yuan to receive 104400 yuan, 1203B silk. Fall 600 yuan for 305100 yuan; 1209 dry cocoon for 94800 yuan, unchanged from yesterday, 1209B silk closed 297000 yuan yesterday. Today, dry cocoons traded 6 hands, B silk traded 141 hands. Changing hands today is positive.

According to customs statistics, in October, textiles and garments exported 19 billion 650 million US dollars, an increase of 10.4%, of which 7 billion 450 million US dollars in textile exports, an increase of 18.4%, and clothing exports 12 billion 200 million US dollars, an increase of only 6%. Increase Lower than textiles. The export volume of textile and clothing decreased 14.5% in September compared with that in September, of which 6.3% of textiles and 18.8% of clothing. In 1-10 months, textile and apparel exports totaled 205 billion 780 million US dollars, an increase of 22.8%. Among them, textile exports amounted to 78 billion 350 million US dollars, an increase of 25.2%, and clothing exports of US $127 billion 430 million, an increase of 21.4%. According to the data released by the chamber of Commerce, China's silk exports amounted to US $2 billion 672 million in 1-9, up 14.17% over the same period last year. Among them, the export of silk was 536 million US dollars, an increase of 19.45% compared with the same period last year; the export of silk and silk fabrics was US $780 million, an increase of 11.27% compared with the same period last year; the export of silk products was US $1 billion 356 million, up 13.88% over the same period last year. In terms of export volume, silk and silk fabrics decreased by 9.6% and 20.74% respectively.

In the late period, the export of textiles and garments, including China's real silk, will be affected by the economic downturn in Europe and the United States and the sharp rise and fall of raw materials. China's textile and clothing market, which is relatively stable relative to exports, remains stable. However, market expectations should not be too high. Domestic demand growth will continue to slow down under the environment of domestic demand, product price increases, and macroeconomic slowdown.