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On The 14 Day, Guangxi Cocoon Silk All Red Rose &Nbsp, Strong Market Continued.

2010/10/15 14:13:00 34

14 days

Guangxi

market

Cocoon filament

All of them rose and the futures markets in the peripheral market hit a new high, and the bull market atmosphere was strong.

Cocoon silk market confidence has been boosted, a certain extent.

Rise

Almost all major contracts can be opened and traded, and the market is generally dominated by high positions.

Dry cocoon rose 400 yuan to 1600 yuan, stable 88 thousand price, the highest price 92 thousand and 800; raw silk forward contracts rose significantly, in October nearly 340 thousand and 800 weeks contract.

The recent contract of dry cocoon 10102 increased 600 yuan to close at 88600 yuan, and the 10103 contract rose 500 yuan to close at 88500 yuan, 6 batches of pactions, 14 orders, 11033 yuan in the main contract increased by 1600 yuan, the rate of increase was 1.75%, and the income was increased by 1600 yuan, the new order was higher, the order was approved, the order was approved, the total cocoon turnover was approved, the total order was approved.

Raw silk near week contract 10102 rose 500 yuan to close at 338500 yuan, clinch a deal of 14 batches, raw silk 10103 rose 500 yuan, reported 340800 yuan, 4 batches of orders, 103 orders, raw silk far month main contract 11033 trading scope is relatively strong, today rose again, increased 2700 yuan to close to 11033 yuan, the deal was approved by the batch, the order was approved, the total turnover of raw silk was approved, the total order was approved, compared with yesterday's growth.

On the news side, the autumn cocoons of Yizhou in Guangxi have been listed. It is understood that the purchasing price of cocoons remains high, basically maintained at around 36 yuan / kg. Some local views are not optimistic about the output of autumn cocoons this year, the imbalance between supply and demand, the increase in acquisition costs, and the chance of a substantial decline in cocoon silk prices this year is not large.

According to the export data released by the Customs recently, the export of China's real silk products was 2 billion 63 million US dollars in the 1-8 months of this year, up 10.38% from the same period last year. This is mainly driven by the sharp rise in the export prices of silk and silk fabrics. From the quantity of exports, the export volume of silk goods decreased by 15.26% compared with the same period last year, and the number of silk silk exports increased by 3.06% over the same period last year.

From this we can see that the decline of silk export and the increase of silks and satin are the main characteristics of silk export in 1-8 months. On the other hand, the rise of the export price of silk goods has provided support for the high price of cocoon silk this year.