On the 24 day (Monday), the stock index dropped, and the cocoon silk composite index fell 0.61%, closing at 2898.54.

1111 the dry cocoon and B silk fell 600 yuan and 2700 yuan respectively for 93200 yuan and 295500 yuan respectively; 1203 dry cocoons and B silk fell 1000 yuan and 2400 yuan respectively for 97000 yuan and 292200 yuan respectively; 1209 dry cocoon and B silk fell respectively by 292200 yuan and winning yuan respectively. There are 59 hands in the whole day. B silk 230 hands were sold. Today 1203B silk adds 106 positions, 1209B silk reduces 2 positions, 1203 dry cocoons reduce the warehouse 34 hand.

In the rising cycle, the economy is running well, the soaring prices of raw materials stimulated the demand for industrial chain to be released in advance, and the speculative demand of foreign capital was sufficient. In the future, orders for several months in the future had been robbed in the process of cocoon price rising, which led to the whole industry Lian Xingfen, the market operation state was good, and filature enterprises continuously received funds from the downstream customers in advance, and with capital, they could more effectively lock costs. The price of cocoon in the middle and lower reaches of the fast rising price is slower, and there is a process of acceptance. But after the steep decline of cocoon price, the downstream price is still relatively strong, and then the downstream demand is sluggish because of the high price, which ultimately affects the collapse of the cocoon price again, and this vicious cycle.

Current downstream Spin The market has entered the traditional peak season, but the order has not increased significantly. Stock It is still continuing to sell. The cocoons and silk enterprises that are reluctant to sell or do not sell well are hurt in the price reduction. Sales of large enterprises under large capacity are difficult to take.

There is not much profit increase in home textile enterprises with large consumption of silk in the tide of price rise, and the profit is still maintained due to the slow price in subsequent prices. However, in the coming months, when the latter prices can not be fully priced and adapted to the current price, consumers will face a difficult period of time when consumers do not agree with the high price.