Cocoon Silk Sideways &Nbsp; Weak Trend Is Not New.
This week
Guangxi
The sawing market remained unchanged, and the price of dried cocoons kept at 96 thousand or so, and the raw silk was basically stable at 300 thousand prices. Today (Friday) the dry cocoon has been largely closed up, and 033 yuan has risen by 600 yuan, which has collected 96900 yuan, and 093 has increased by 600 yuan to receive 94400 yuan. The total turnover of the dry cocoon has been 26 tons, and the turnover has been very cold. The raw silk has been dropping far and wide. 024 yuan has dropped to $8 yuan. The trend of cocoon silk market is basically stable, and the turnover status is always light.
At this stage, the downturn in demand is basically flat.
Cocoon Silk Market
It is difficult to see a big change. What kind of change will happen in the latter stage? We still need to pay close attention to the situation of the spring cocoon listing.
On the whole, the trend of cocoon silk market has not been very new in recent years. The position of raw silk has been pferred to the main contract of the far month. 093, it still can not break through the 300 thousand price level, and there is no room for big rise and fall. At present, we should pay close attention to downstream production and marketing, enterprise orders and inventory. If there is a turnaround, the market will rebound.
Close to March, the silkworm areas gradually pay close attention to the nursing of mulberry fields and strive to prepare for silkworm rearing. It is understood that due to the cold weather in the preceding period, mulberry trees in silkworm areas such as Binyang and Nali in southern Guangxi.
Sluggish growth
This will directly affect the normal progress of silkworm breeding. Whether the listing date of spring cocoons will be postponed this year may present this possibility. Whether the climatic conditions in March will continue to improve will benefit the growth of mulberry trees. At the same time, the price of agricultural materials has risen to varying degrees, and the cost of silkworm farming and sericulture has increased. This year, the price of spring cocoons will directly affect the work of post production silkworms.
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