The Atmosphere Is Strong And The Silk Is Hard To Change.

Coming back, the cocoon silk market is still in a tight atmosphere. Although there has been a slight rebound in the market before the festival, the market has slowed down, but the market structure has not changed. Two days after the holiday, it continued to shake down. Dry cocoon 100 thousand and raw silk 310 thousand were facing the test. On the 9 day, the cocoon silk in Guangxi was lower and lower. It continued to fall slightly. Dry cocoons were not paying close attention in the near future. 15033 fell 400 yuan to 104 thousand and 400, and raw silk shrinkage fell.

Similarly, no concern and turnover, 15033 down 3007 yuan to close 316 thousand and 500, 15093 down 339 thousand and 500, 317 thousand and 700.

The downstream demand continued smoothly, the disk trading was not good, the total turnover of dry cocoon was 10 batches, the total order was 22 batches, the total turnover of raw silk was 92 batches and the total order was 790 batches.

The autumn cocoons in various parts of Guangxi are listed on the market. The autumn cocoon price in the northern part of Yizhou is about 35 yuan / kg, and the autumn cocoon in the southern part of the country is about 33 yuan / kilogram, and the price in Binyang has rebounded slightly. The current price has been maintained at about 36-37 yuan per kilogram. The late autumn cocoon of Luliang County in Yunnan province has been listed since October 5th, and it is expected to be completed in October 12th. The purchase price is now between 35-36 yuan per kilogram. The Jiangsu cocoon Station of Dongtai city has opened up the whole term to buy a autumn cocoon, the purchase price is 43 yuan -45.5 yuan per kilogram, the cocoon quality is expected to be the best level in recent years;

In 1-8 months, the output of Guangxi and Sichuan increased significantly. In 1-8 months, Guangxi produced 24618.24 tons of silk, an increase of 11.76% or 1-8 over the same period last year. The production of 2111.30 tons of silk in Yunnan province increased by 8.72% compared with the same period last year.

The trend of the underlying market will continue to be weak in the future. The support of the front cocoon is not strong enough and the back-end consumer market is sluggish. In the long run, it is still bad for many companies. Technically, the main contract of cocoon silk has been suppressed by the 60 day moving average medium term and high altitude watershed for a long time, and the lack of action has yet to get rid of the current low level shock pattern, and the rebound in the consumer market is still limited.