The Continuous Decline Of Cocoon Silk Affects Investors' Confidence In The Market.

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Xiaobian net to introduce the cocoon silk continuous decline, market confidence frustrated.

Last week, the cocoon silk continued to fall in Guangxi market. The main contract of dry cocoon stopped at a time. Although the rate of decline was relatively small, the situation of the day's falling stock market affected investors' confidence in the market.

Lack of support for uplink of cocoon silk, so the entire disk did not stop upward trend, the whole market, the market outlook still exists downward space.

Today, the dry cocoon plate continues to fall, the volume of the atmosphere is still cold, the dry cocoon 093 down 600 yuan, 105 thousand and 200, 033 down 400 yuan, 111 thousand and 900, today's dry cocoon total turnover 16 batches, the total order 46 batches; raw silk main contract rose slightly, 093 093 yuan, 175 yuan, 332 thousand and 100 332 thousand and 100, 332 thousand and 100 increased by 175 yuan, and reported that the contract was signed today, the total number of raw silk is sold, and the total order is approved.

Guangxi

This year's autumn silkworm breeding work in Xiangzhou County, one of the main producing areas, is being carried out in a close and orderly manner. On the 28 day, the first batch of commodity silkworms was released, and the farmers were carefully feeding this year's first batch of autumn silkworms.

However, the overall situation of the autumn silkworm breeding in Xiangzhou Prefecture is not optimistic. The first batch of silkworm production decreased significantly compared with the first half of the year, and the number of the first batch was reduced by about 20%.

The main reasons are: under the influence of weather, the growth of mulberry trees is poor after summer cutting, and the supply of mulberry leaves is insufficient; the price of spring cocoons is not ideal, and the enthusiasm of sericulture farmers has been attacked. Many sericultural farmers choose to give up raising silkworms and go out to work.

On the other hand, Yizhou, the main producer of cocoon in Guangxi, has five years old silkworm cocoons. The first batch of autumn cocoons of Yizhou are expected to go public next week.

From 1 to July 2014, the export volume of China's silk products decreased compared with the same period in the previous year. Influenced by the international market, China's textile exports will pick up in the second half of the year. Therefore, the volume of China's silk exports is expected to improve in the second half of the year, but still faces enormous pressure.

Silk export: from 1 to July, China exported 7711 tons of silk products, down 14.25% from the same period last year, and the average unit price was 47.62 US dollars / kg, up 8.77% over the same period last year.

In the 1-7 months, China exported 68 million 316 thousand meters of export silk fabrics, down 5.91% from the same period last year. The average unit price was 5.25 US dollars / meter, up 3.38% from the same period last year, and the total export volume was 358 million 914 thousand US dollars, down 2.73% from the same period last year.

Silk clothing exports: in 1-7 months, China exported 58 million 901 thousand silk garments (sets), down 74.85% compared with the same period last year, and exported 614 million 842 thousand US dollars, down 27.6% from the same period last year.

Exports of silk products: 1-7 months, China's silk manufactures accumulated 116 million 84 thousand exports (pieces and sets), down 61.58% compared with the same period last year, and the export amount was 912 million 563 thousand US dollars, down 22.21% from the same period last year.

Exports of real silk goods: 1-7 months, China's real silk goods accumulated

1 billion 814 million 374 thousand and 200 US dollars, down 14.42% compared to the same period last year.

Among them, silk exports amounted to 367 million 23 thousand US dollars, down 6.76% compared to the same period last year, and exports of silk fabrics were US $534 million 640 thousand and 800, down 3.38% compared with the same period last year. The export of silk products was US $912 million 562 thousand and 900, down 22.21% compared to the same period last year.