Cocoon Falling And Silk Rising Looking At Future Prices From A New Perspective
Last Friday, the stock market was mixed. Cocoon silk composite index closed at 3293.81 points and fell slightly.
B silk / dry cocoon: 140925 flat newspaper 330 thousand and 300 / flat 102 thousand, 150325 up 600 600 339 thousand / 100 100 109 thousand and 600, 150925 300, 336 thousand / down.
56 hands were sold on that day.
This week, the cocoon silk composite index has drawn the line with the upper and lower shadow lines.
After the spring cocoon is listed.
The adjustment of cocoon silk market is from the downstream consumption end to the upstream cost, so the cost decline rate and amplitude is slower than or lower than the product's price decline.
May follow
cost
Further decline and gradual stability, the industry's profit level is expected to rise, and downstream demand is expected to pick up.
At present, the listing of autumn cocoons is still relatively large.
Stock
The pressure of cocoon silk leads to pressure.
statistical data
It shows that as of August 28th this year, the 72 listed companies in the textile and garment industry announced that the inventory of the listed companies was as high as 75 billion 369 million yuan, an increase of 4 billion 137 million yuan over the 71 billion 232 million yuan in the same period in 2013, an increase of about 6%.
From a macro perspective, the future industrial enterprises will still face greater business pressure.
The main reasons are: labor costs and capital costs continue to rise inevitably; small and medium enterprises which are not reflected in the statistical scope of the National Bureau of statistics are more difficult than the enterprises above Designated Size; some industries have high inventories, especially in the commercial circulation, and it takes time to digest these inventories, which will cause pressure on the operation of enterprises.
From the usual perspective, the development of the real economy undoubtedly encountered great resistance in July.
But if we consider the new historical conditions that China's economy is entering the new normal, the difficulties will not seem to be imagined.
- Related reading
Domestic Cotton Prices Fell Slightly, The Overall Price Of Imported Cotton Increased.
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