Cocoon Silk After May Day Market Reversal Prices Continue To Rise Volume

< p style= "text-align: center" > < img border= "0" align= "center" alt= "" src= "" /uploadimages/201305/14/201305141436318509get_ copy "" / "< / >"

< /p >

< p > this week the continuous increase of cocoon silk volume continued to reverse the market after the May Day holiday, breaking through the 370 thousand integer pass, and still maintained a rising trend.

Monday to Wednesday to maintain a more obvious increase, stabilize 370 thousand price.

The pressure on Thursday rose slightly, but the rally did not end there.

Raw silk continued to rise on Friday to maintain a strong momentum.

Today, the dry cocoon plate has been largely closed up. In the past week, the GJ13053 contract rose 300 yuan to 113300 yuan; the GJ13093 contract fell 500 yuan, and it received 113000 yuan, with 6 batches and 44 orders.

The contract of "a href=" "//www.sjfzxm.com/news/index_c.asp" > raw silk surface < /a > SS13053 is up 1600 yuan, and returns 366600 yuan.

The SS13093 contract rose 1600 yuan to 368000 yuan, 62 batches and 370 orders.

The SS14033 contract rose 2800 yuan to 375500 yuan, 248 batches, 752 orders and 26 batches.

< /p >

< p style= "text-align: justify" > a href= "//www.sjfzxm.com/news/index_c.asp" > spring Cocoon acquisition > /a > price is strong, and the export order is restored in 3-4 months this year is the basis of this round of reversal market.

Some time ago, the market continued to slump, resulting in a serious upside down of cocoon silk, and the rising price of raw silk became the common hope of the upstream industry.

A slight change in the consumer side will cause greater volatility in the market.

The current round of rising prices is also in the National Cocoon Production and Marketing Forum. Some positive statistics and policy direction of the industry will enhance the confidence of the industry and provide support for the rising market.

< /p >

< p > > second batches of spring cocoons have been listed in Guangxi's Silkworm areas. Under the impetus of < a href= "//www.sjfzxm.com/news/index_c.asp" > cocoon silk market < /a >, the purchasing price is strong and steadily rising. The highest purchase price of Yizhou in Guangxi reaches 44 yuan / kg, and other regions are also around 40-42 yuan / kg.

But in recent years, it is generally rainy in Guangxi, which has a certain effect on the quality of spring cocoons.

Therefore, the cocoon of Guangxi spring cocoon is still climbing.

The continuous increase of cocoon silk volume and the shift of the price center of gravity will depend on whether the quantity and quality of spot circulation can keep up.

Only when the cash situation improves, can the market stabilize.

< /p >