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    Cocoon Silk Market Is On The Rise In Some Areas.

    2012/4/18 20:45:00 22

    CocoonNew CocoonSilk Market

    This week, Guangxi, Guangdong and some other areas.

    New cocoon

    A small listing will bring some positive factors to the market and boost the vitality of cocoon silk market.

    The market has been inspired.

    The first batch of cocoons were given price support both in terms of market and policy.

    Cocoon silk spot market has slightly increased, the disk also rose, this week is a good callback stage.


    This week's cocoon silk market spot, electronic disk main market trend chart (contrast) (electronic disk data from Jiaxing market)


    Spot market:


    The disk can be seen this week.

    Cocoon filament

    The market has risen slightly and has been rising slowly. Although the overall price has fluctuated below 330 thousand, the market is not weak in terms of market trading and short term price movements.

    But generally speaking, the impact of new cocoons is only temporary, so the price has not risen sharply.

    This week's price: the average spot price of domestic 3A grade silk inspection spot was around 327000 yuan / ton at the beginning of the week, followed by a slight steady price, but then a slight rise, the average price of weekend was around 329000 yuan / ton, and the overall price rose 2000 yuan / ton.

    This week's price rise is mainly affected by the new cocoon listing factor. It is reported that the first batch of new cocoons sold in some parts of Guangdong and Hainan are sporadically listed this week. The purchase price is 36 - 40 yuan / kg. The purchase price is not low at the same time.

    The price is not low.

    Therefore, the price of cocoon silk has risen.

    In addition, last week, the National Bureau of statistics issued data, the first quarter GDP of 107995 billion yuan, calculated at comparable prices, an increase of 8.1% over the same period last year.

    According to the industry, the added value of the primary industry was 692 billion 200 million yuan, an increase of 3.8% over the same period last year; the added value of the second industry was 51451 billion yuan, an increase of 9.1%; the third industry added value of 49622 billion yuan, an increase of 7.5%.

    In the first quarter, GDP rose by 1.8%.

    Statistics show that the domestic economic situation is gradually improving.


    Electronic disk Market:


    This week, the market rose slightly, and the market paction was quite good.

    The near future

    textile industry

    Data released, in the 1 quarter, exports of clothing, clothing and shoes and other parts of labor-intensive products, clothing exports $29 billion 570 million, an increase of 3.9%; textile exports 20 billion 440 million U. S. dollars, an increase of 1.4%; reversed the previous February textile and clothing exports double drop situation.

    It can be seen that the domestic textile and garment export market has gradually improved, and the cocoon and silk industry as a major export industry will undoubtedly benefit a lot.

    Data of this week: Jiaxing market settlement price at the beginning of 0925 weeks 327300 yuan / ton, weekend settlement 333300 yuan / ton; (2013) settlement price 331800 yuan / ton at the beginning of 0325 weeks, weekend settlement price 338400 yuan / ton.

    The disk is slightly higher and the trend is not obvious.


    Analysis and comment:


    Throughout this week

    Cocoon silk

    The market, like the entire textile market, has undergone consolidation, turbulence and ups and downs.

    But the overall price range is not large, no rise or fall.

    The price of raw silk basically maintained at 32.5-33 million this week, and the market has changed little. There is a great upward trend -- mainly due to the sporadic listing of new cocoons. It is reported that this week, Guangdong and Hainan have been listed on the list of new cocoons, and the purchase price is not low, the so-called low volume and high price. This is also the reason for the high price of a few new cocoons.

    It is expected that with the slow listing of new cocoons in the near future, there will be some effects on the price of silk, but not much. After all, a batch of new cocoons will be minimal in terms of quality and production area.

    This is expected in the short term market will still be done, the overall trend will be a little bit more.

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