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    Adjust Silk Price &Nbsp Through Economic Lever; Guide Cocoon Silk Price To Tend To Be Reasonable.

    2010/11/18 13:47:00 78

    Economic Leverage Silk

      

    "I think we can bid more than 600 thousand tons, and more.

    Quotation

    The judgement is more accurate.

    After joining the national reserve factory

    make a bid for

    Ma Pinde, chairman of Anhui Jing Kowloon silk Co. Ltd.


    Although he has sold the 1/10 of the National Silk reserve, he still has some feelings.

    There are a few people who share the same feeling with him.

    Wang Ming Shu, general manager of Sichuan egal Textile Co., Ltd., who bid for 120 thousand tons of factory silk, simply asked the author: "the quantity of 600 tons is also too small. Do you know when the country will host the bidding of reserve plant silk again?"


      

    Throw store

    Play a lot of regulatory role


    It is understood that since April this year, the price of factory silk has climbed steadily.

    Taking 3A grade factory yarn as an example, the price in April was about 250 thousand yuan / ton, and in October it was 340 thousand yuan / ton steadily.

    In order to ease the demand for silk and promote the steady development of cocoon and silk industry, the National Cocoon Silk office decided to put some of the national reserve factories in open bidding mode.

    This signifies that our government has begun to adjust the current high price of silk through economic leverage and guide the reasonable price of cocoon silk.


    In the country ready to sell the factory silk in October, the atmosphere is strong, the price of the factory silk has been maintained at about 340 thousand yuan / ton.

    In the early November, when the sale of the national storage wire ended, the price rose to 350 thousand / ton, approaching 360 thousand yuan / ton.


    On the face of it, this seems to be contrary to the original intention of the reserve price adjustment.

    Ma Pinde has another view.

    "Existence is reasonable.

    Now the prices of raw materials such as cotton and grain are rising, and the price of factory silk will certainly increase.

    If there is no national sale of reserve factory silk, now it has reached 370 thousand yuan / ton.


    Liao Menghu, Deputy Secretary General of the China Silk Association, also believes that the sale price of factory silk can not be denied because of the continuous rise of market silk prices after the sale of factory silk.

    "Prices of all kinds of agricultural products are rising, the price of cotton belonging to textiles has doubled, and the price of autumn cocoons has gone up too much. These factors have reduced the regulatory effect of national reserve silk.

    After all, the price of factory silk is the result of various factors.

    Liao Menghu said.


    Industry experts believe that, compared to our annual output of about 100 thousand tons of plant silk, 600 tons of factory silk quantity is not large.

    Coupled with the dilution of farm products and other factors to the dilution of dumping and storage price adjustment, the adjustment effect of the national reserve plant silk sale on the market price of the silk market is not obvious.


    "The storage of national storage silk has not had the desired effect, as I expected.

    First of all, the market has been recognized as a high market, and the contradictions are weakening. The bullish mentality has taken the absolute advantage.

    Secondly, 600 tons of national storage capacity may be a lot. Putting it into the market should play a certain role. But bidding for the enterprises that store the national silk will not reduce the desire to continue to buy raw silk. It is thought that everyone is looking up, and when the supply is tight, they think it is better to start first.

    Therefore, the issuance of national storage may only enable these competing companies to ease their pressure or make a profit, which will not play a practical role in regulating the market.

    An industry expert who did not want to be named analyzed the role of 600 tonnes of national reserve silk in stabilizing market prices.


    Reserve plant silk value geometry


    In October 27th, the open bidding of the national reserve factory was held in the tendering Hall of China International Tendering Company.

    A total of 96 silk enterprises were eligible to compete in the bid, of which 91 were paid on time.

    As of 10 a.m. on October 27th, all 91 enterprises have submitted the "National Reserve line silk bidding list".

    Finally, a total of 29 enterprises were successful in bidding, the total actual tonnage was 605.57 tons, and the average bidding price of reserve plant silk was 303 thousand and 272 yuan / ton.


    Ma Pinde believes that he can compete for close to selling silk of 1/10, which relies on his accurate judgement of the market.

    According to him, before bidding, he mainly analyzed 3 aspects: first, the situation of warehouses.

    The national reserve line was purchased in 2006 and 2007, mainly in 3A and 4A.

    At that time, a good price of factory silk was higher than 300 thousand yuan / ton.

    Two is the current market situation.

    Low grade silk prices in Guangxi are now around 320 thousand yuan / ton.

    According to the situation that has been stored for a period of time, the bidding price should be lower than the price of Guangxi mill silk.

    The three is the situation of the enterprise itself.

    The Beijing Kowloon silk company intends to buy its own storage silk, so it doesn't need to consider the profit margin to earn the difference. It has a certain ability to resist risks.

    Comprehensive analysis, Ma Pinde believes that the average bidding price of 303 thousand and 272 yuan / ton, is entirely unexpected, reflecting the whole industry for cocoon silk market trend overall judgment.


    60 tons of silk can be produced for several months? Ma replied that it could produce more than two months under the condition of comprehensive use.

    He said that Beijing Kowloon Silk Group Co., Ltd. has its own silk reeling plant and produces high quality silk reeling.

    According to the requirement that the warp line is higher in the textile industry and the requirement for the weft is slightly lower, they use their own quality silk reeling as the warp line and the national storage wire as the weft thread in the production.

    In this way, 60 tons of factory silk can be used for more than two months.


    "There is a saying" Chen Si is chaotic, "which means that silk will be put on for several years, and the intensity will drop, and the price of silk will also be discounted.

    Therefore, the price of the national reserve silk should be lower than the market price from the law of value. "

    This explains why the reserve price of reserve silk is lower than the current market price of 40 thousand ~5 yuan / ton.


    Excessive price increase of cocoon silk is risky.


    "Look at the price of cotton, and you will know that the price of silk will rise in the future."

    Ma Pinde said.


    In Fuyang, Anhui, where the Beijing Kowloon silk company is located, the purchase price of cotton has doubled 1 times compared with that of last year, and there is still a tendency to continue to rise.


    After the price of cocoon silk rises, farmers can get direct benefits.

    At present, the acquisition of autumn cocoon has come to an end, and the high purchase price is also a basic fact.

    19 yuan 1 jin of fresh cocoons, you do not receive home, so they are collecting, the final 1 tons of dry cocoon costs more than 100 thousand yuan.


    After the price rises, the acceptance of the terminal market is a problem.

    The general manager of Sichuan egel Textile Co., Ltd., which makes wide silk fabrics, is deeply touched by this.

    Wang Mingshu told me that when the price of cocoon silk was pferred to downstream products, because of the acceptability of consumers, the pmission could not be in place.

    "Every time the price of cocoon silk goes up, it is the compression of the profit of our fabric products.

    The price of fabrics has been raised a bit in the market, but the rate of increase is far behind that of raw materials.

    Wang Mingshu said.


    How can the output of fresh cocoons this year be increased or cut down? No one can tell clearly yet.

    It's up to us to judge.

    It is extremely dangerous to blindly follow up or sell short when judging the unclear thinking.

    If we purchase 100 thousand yuan / ton dry cocoon or 350 thousand yuan / ton raw silk now, keep it in the storehouse.

    Once the price falls, the loss will be enormous.


    The rising price of cocoon silk increases the operational risk of the whole industrial chain. Farmers can benefit from it in the short term, but once the links in the industrial chain break, the interests of farmers will eventually be damaged.

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