The Market Of Cocoon Silk In Jiaxing Has Changed, And The Market Price Has Dropped Slightly.
On the 25 day (Friday), the disk fell slightly. Cocoon filament The composite index fell 0.25% to 3100.65. 1206 dried cocoons were closed at 102200 yuan yesterday, 1206B silk fell 600 yuan to close at 311400 yuan; 1209 dry cocoons and B silk fell 100 yuan and 900 yuan respectively, which received 101400 yuan and 308100 yuan respectively; 1303 dry cocoons and B silk dropped by 700 yuan and 700 yuan respectively to collect Yuan Yuan and Yuan yuan respectively. The whole day B silk traded 58 hands. Today 1209B silk adds 18 hands, 1303B silk reduces 6 positions. The cocoon silk composite index has been drawn for fifth consecutive weeks.
On the basic level, cocoons in the southern region continue to be listed on a large scale, and the acquisition of fresh cocoons is generally 17-18 yuan per catty, which is relatively stable. The silkworm cocoons will also be on the market in the eastern region. The labor cost has increased by 20% this year. The number of silkworm rearing in Zhejiang has decreased compared with the same period last year. Jiangsu province has reduced 11% and Shandong province has decreased by 15%. Yunnan and Sichuan are basically flat. The stable cocoon purchasing price is conducive to the stability of sericulture production to a certain extent.
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On the macro side, the HSBC PMI initial value released yesterday was significantly lower than last month's data, which aggravated the market's concerns about China's economic fundamentals. However, the weak economic data also made the market more popular for the government's stronger economic regulation and control policy, and the game between the two sides intensified.
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