Guangxi Cocoon Silk Market Failed To Continue Its Upward Trend In August 31St

Guangxi this week

The market is still showing price fluctuations, and the price trend keeps narrowing. The cocoon silk price is still strong. The cocoon silk price is still more strong. The dry cocoon has been around 98 thousand or so for more than 100 thousand months. Raw silk has been firmly in the 330 thousand price range, and has kept pressure on the 340 thousand price range. From the price trend of the week, the cocoon silk continues to go up much fatigue, and the multidimensional price range is in the main price range. With the autumn cocoon listing in Guangxi, the purchasing price of 38 yuan / kg will provide support for the continuous strengthening of the disk, and the downward trend of the market price is not enough.

The price of cocoon silk has been kept constant, but the price has not been exceeded. Until now, prices have been in a wide range of shocks. This kind of shock reflects the current situation of the silk market.

On the 31 day (Friday), there was a slight decrease in the number of cocoon silk contracts, and the main contract continued to rise slightly. The cocoon 093 rose by 300 yuan to close at 98 thousand yuan. Next year's 033 rose 500 yuan to close at 107 thousand and 700 yuan, the total turnover was 28 batches, the total orders were 127 batches, the dull trading atmosphere remained unchanged, the raw silk 093 increased, 700 yuan was collected at 093 yuan, and the yuan rose by Yuan Yuan.

The 264 batch, the total order 1694 batches.

Spot quotation, Guangxi dry cocoon has no obvious change, the price keeps 100 thousand / ton, Guangxi, Jiangsu and Zhejiang raw silk has more than 2000 of the increase, but the spot market is still the cold state of the paction, even if the manufacturer quotes is high, the paction is also much less, it is expected that before the autumn cocoon large scale market, the market will continue the trend of inter district concussion.

On the macro information level, China's textile industry was hindered in the first half of 2012. From the third economic operation conference of the textile industry in 2012, it was learned that the growth rate of main economic indicators such as textile production, export and investment continued to slow down due to factors such as sluggish external demand, slowing domestic demand and increasing domestic and foreign cotton price gap. From January to July this year, the growth rate of China's textile industry decreased by 18.8 percentage points compared with the same period last year.

According to customs statistics, from January to July, China exported textiles altogether.

141 billion 580 million US dollars, an increase of only 0.3% over the same period last year, down 25% from the same period last year. After deducting the price rising factor, the actual export volume of the textile industry is negative growth, and the whole textile market environment is not smooth.