Guangxi Cocoon Silk: Weak Trading Shock (2.18 - 2.20)

< p > < strong > < a href= > http://sjfzxm.com/news/index_s.asp > > Guangxi cocoon silk > /a >: lower consumption of light cocoon in downstream consumption concussion (2.20) < /strong > < /p >

< p > Guangxi market cocoon silk this year, most of the decline trend is weak, the main raw silk decreases, the volume has increased compared to the recent period, the number of distant warehouse increased gradually, the fundamentals and the downstream consumption were light, and the cocoon silk price for a long time seemed to be difficult to support, and fell into the correction process.

Dry cocoon in recent weeks, 14023 today, down 300 yuan to close 114 thousand and 200, 033 up 200 yuan to close 115 thousand and 500, the adjustment range is smaller, the whole continues to range concussion; the main raw silk is now wide declines, 033 down 3800 yuan to 361 thousand and 500, 093 yuan down, 3300 yuan to report 3300, the paction has been enlarged, today the total cocoon turnover is approved by the wholesale, the total order is approved by the batch; raw silk total turnover is approved, the total order is approved.

Spot prices continue to remain stable, generally traded.

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< p > there is little change in the current fundamentals of the industry. It is still facing the negative factors of weak demand. Although there is a partial replenishment of downstream enterprises after the festival, it is difficult to change the trend of the current downstream demand because of its limited size. At present, there are many uncertainties in the forecast and the macro level of the spring market. The short term is expected to continue to operate in a concussion zone.

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< p > related links < /p >

< p > < strong > Guangxi cocoon silk: the demand for short stalemate is low, and the cocoon silk is slightly oscillating (2.19) < /strong > < /p >

< p > the cocoon silk of Guangxi market continues to oscillate slightly. The main body of the dried cocoon has been narrowing down, and the contracts have maintained a horizontal shake up pattern in the short term. The overall price changes are small, and the demand in the market is low. Under the condition of no obvious improvement in demand, the probability of cocoon silk rising sharply is not large, and at the same time, it is supported by cost, and the possibility of a sharp fall is not great. Under the double pressure of the upstream and downstream, there is no big fluctuation in cocoon silk, and the small consolidation of the interval will also be the trend of the main disk.

Dry cocoon is now on a small scale, but far less attention has been paid to contracts in the far months. The turnover has not improved. In the past week, 14023 rose 100 yuan to close 114 thousand and 500, 033 up 100 yuan, and 115 thousand and 300; raw silk double main force fell slightly, but there was no concern in the near future, 033 fell 500 yuan to 365 thousand, 093 dropped, 1300 yuan, and returned to 1300.

There are 12 batches of dried cocoons and 68 orders in total. Raw silk is sold in 122 batches and 1000 orders in total.

On the spot, the quotations of Guangxi dried cocoons have been reduced, and the quotations of main raw silk producing areas are stable, with no obvious changes.

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< p > spring cocoon preparation work has been carried out all over the country. The current focus is mainly on Mulberry Garden < a href= "http://sjfzxm.com/news/index_s.asp" > mulberry tree < /a > growth situation. The growth of mulberry trees will directly determine when the silkworm feeding work can be carried out, and finally affect the listing period of spring cocoons.

Recently, in the southern Nanning area of Guangnan silkworm area, we learned that the growth of the local mulberry trees is relatively stable. Thanks to the mild climate at the end of January and the beginning of February, the growth rate of the local mulberry trees was faster. But in the past two weeks, most parts of Guangxi were affected by cold weather. Most of the crops, including mulberry trees, were affected more. By the end of the month, with the gradual increase of temperature, the mulberry tree will enter a key growing period in March, and pay close attention to the weather changes.

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< p > < strong > Guangxi cocoon silk: a small increase in the cowhide market continued (2.18) < /strong > < /p >

< p > today's disk < a href= "http://sjfzxm.com/news/index_s.asp" > cocoon silk > /a > most of the contracts rose slightly, there was no news from the fundamentals, the market trend has not formed.

The trading of the forward and forward contracts did not start, and the overall paction was still relatively cold. In March, the contract settlement date approached and gradually shifted to the September contract.

However, the demand for contract in the near future has increased, reflecting the need for replenishment after the factory started.

In particular, dry cocoons, because of the existence of the seller, the market rose hopeless, and restricted the return of funds, so dry cocoon sellers desire to inventory is relatively strong.

The common demand of buyers and sellers promotes the circulation of dry cocoons.

Although the silk reeling business has lost a lot of money over the past year due to the upside down of cocoon silk, it can still operate normally through various financing methods, which is also an important reason for the stable market.

Before spring cocoons are listed, the possibility of big market is unlikely.

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< p > the specific contract, dry cocoon in the past week GJ14023 rose 500 yuan, received 114500 yuan, traded 8 batches, ordered 18 batches, the GJ14033 contract increased 200 yuan, reported 115200 yuan, traded 4 batches, ordered 20 batches.

In terms of raw silk, the SS14023 contract rose nearly 400 yuan in the past week, and it closed at 363000 yuan; the SS14033 contract rose 300 yuan, and it received 365700 yuan, 46 batches of orders, 612 orders; the SS14093 contract fell 100 yuan, received 357300 yuan, traded 40 batches, ordered 284 batches, and the SS15033 contract fell to 400 yuan, which received an average of $357300.

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