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Jiaxing Market: Cocoon Silk Has Rebounded &Nbsp; Aftermarket Entanglements

2011/9/27 15:48:00 37

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The 26 day (Monday) rebounded.

Cocoon filament

The composite index rose 0.29% to 2815.38.

1110 dry cocoon and B silk rose 200 yuan and 1500 yuan respectively for 87500 yuan and 297000 yuan respectively; 1203 dry cocoons and B Silk Rose 300 yuan and 1800 yuan respectively for 94400 yuan and 293100 yuan respectively.

All day dry cocoons traded 35 hands, B silk traded 154 hands.

Today, 1203B cut 32 hands, 1203 dry cocoons and 10 extra hands.

The disk is winding up today.

Basically, the cocoon allocation price in Guangdong and Guangxi is basically above 260 thousand.

Under the influence of the policy of State purchasing and storage and the poor expectation of autumn cocoon harvest, the purchase price of cocoons from all over the country rose from 11.50 yuan per catty in early September to the highest level of 15 yuan.

Downstream demand slightly improved, spot market pactions were more active than before, silk prices rose slightly.

However, whether the effect of purchasing and storing policies and the expected reduction of cocoon production in autumn will be immediate.

Short-term

In the international market, worries about the slowdown in economic growth in Europe and the United States and the new economy including China have led to a sharp fall in the global commodity and futures market, and the market is still doubtful about the panic and pessimism in the commodity market.

According to customs statistics, 1-7 months of this year

silk

Exports of commodities amounted to US $2 billion 81 million, an increase of 16.43% over the same period last year.

In the main markets, the export volume to other markets has increased overall except the decrease in exports to India.

If the late silk price keeps stable, the export of India silk market may change.