Jiaxing Market: Cocoon Silk Rises Or Falls &Nbsp; Concussion Seeks Direction

Disk ups and downs, cocoon silk synthesis index A slight increase of 0.03% was 2752.03. 1109 dry cocoon fell 600 yuan to close at 85100 yuan, 1109B silk received 308400 yuan and yesterday's level was equal; 1203 dry cocoon and B Silk Rose 1100 yuan and 600 yuan respectively to collect 87200 yuan and 280500 yuan respectively. All day dry cocoons traded 19 hands, B silk traded 314 hands. Today, 1109B silos have not changed and turnover is positive. 1203B silk adds 10 hands, and 1203 dry cocoons add 4 handles.

Spot month B silk 1109 contract began in September 14th last year, 311 thousand and 400, the highest went to 386 thousand and 700 after the gradual decline, or more than 20%, the current price is almost flat with the opening price. The decline of cocoon silk led to industry. product Unsalable sales is serious. On the one hand, the silk mill has a high inventory. On the other hand, due to the poor sales and the pressure of tight money, enterprises begin to limit production and stop production and operate difficultly. In September, the market pessimism was relieved at the time of autumn cocoon production and listing. The increase in 1110B silos and the increase in enquiries and spanactions in the lower reaches indicate that the market is getting loose.

Generally speaking, cocoon silk is now. market There is still a lack of clear direction. From the technical point of view, the current decline in kinetic energy is failing, and the price of cocoon silk has rebounded. However, in view of the domestic macroeconomic environment and the trading situation of cocoon silk spot and textile market, there are no new factors to support the price rebound. Shock Waiting for a breakthrough in the pattern.