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    Guangxi Cocoon Silk: Rely On External Commodity &Nbsp; Raw Silk 11033 Volume Rises.

    2010/10/26 14:05:00 66

    Guangxi Cocoon Silk

    Since October,

    Cocoon silk price

    It is very obvious with commodity especially.

    Agriculture products

    The situation of price movements, of course, is the commonness of the production and circulation of agricultural products. However, cocoon silk is not a necessity after all. With the rising price of long time, the dried cocoons and raw silk are also needed.

    supply and demand

    There is no essential change in fundamentals, but this phenomenon of "rising trend" is rather "pseudo related".


    The price of dry cocoon in Guangxi market has been rising slightly every day for a long time. It is a monotonous repeat of the old news. Today, it has been replaying the same old tune. The 10113 contract rose 200 yuan to close at 91600 yuan; the 11033 contract rose by 2000 yuan, and it received 95700 yuan, with 16 batches, and the order quantity was increased from 56 batches to 68 batches.

    Although there are cocoon acquisitions at the moment, the paction is not too large during the whole autumn cocoon purchase. There are channel competition reasons, but another important reason is that the unit price of dry cocoons is close to 100 thousand yuan / ton, and the purchasing enterprises are beginning to shrink.

    However, to take a step back, even if the price of water is squeezed, the price of global agricultural products will be affected by the tight supply and demand relationship between the dry cocoons and the whole year.

    It is obviously not realistic to expect the price of dry cocoon to have a clear callback.


    The volume and volume of raw silk trading were concentrated in 11033 of the far weeks. The contract concluded 188 batches today, accounting for nearly 90% of the total volume of raw silk turnover.

    From the "market analysis system of agricultural products", the 11033 contract jumped to a higher level and reached the highest level of 340000 yuan in the trading day. After that, the closing price was 339500 yuan, which was the highest closing price in September 25th. The K-line pattern was a very short line on the top line.

    When the price jumpers, the order quantity will be reduced to 842 batches in the 876 batch.

    The volume is enlarged and the order quantity is reduced. Quite a few new and old bears are running away.

    Before the official storage of raw silk, whether the raw silk price is going to be the last craziness or inertia rise, with the coming of October 27th, the problem will soon be answered.

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