Cocoon Silk Rebounded Slightly Upward, Weak Continuation

This week

The first day of trading came to a good start. Most of the contracts went out of the long downtrend and rose. The atmosphere of raw silk trading was more active, and the trend was weaker. However, the demand for downstream cocoons continued smoothly, trading volume was still relatively small, and the market was dominated by the empty market.

Whether the cocoon wire rebounding and callback is a supplementary compensation adjustment after a continuous fall is still subject to market test.

On the 13 day, although the dry cocoon plate was all up, the overall price changed little, and only two of the contracts were closed. The contract continued to rise in the doldrums, the contract 14111 rose 300 yuan, and 100 thousand and 300 yuan and 15033 yuan rose by 100 yuan at 103 thousand and 700, the raw silk volume and positions increased, and the market activity increased significantly.

The 860 batch.

On the whole, the uplink amplitude of the 13 day cocoon yarn is still narrow. The demand for the downstream terminal is difficult to recover obviously, and the market fundamentals are difficult to improve. Although the cocoon yarn has gone up slightly, the cocoon filament has not yet reached the stage of stage warming rebound.

The cocoon production area has achieved a good harvest this late autumn cocoon. Wu Tan town is a key town of sericulture production in Chongqing. 830 species were released in late autumn this year, and nearly 30 thousand kilograms of fresh cocoons were purchased, accounting for about 1/4 of the seed production and cocoon production in Jiangjin district.

The township of Yunnan has built a sericulture demonstration base. 2200 local silkworms have been produced this year, and 110 tons of fresh cocoons are expected to be produced, with an output value of 7 million 500 thousand yuan.

Jiangsu Rudong county introduced the "Internet of things" information monitoring technology, using artificial feed to raise silkworms, breaking through the sericultural season restriction, and from the past year to 4 stage silkworms to turn into 6 periods.