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Guangxi: Cocoon Falling, Silk Rising, Continuous Narrow Finishing

2014/7/15 9:17:00 8

GuangxiFinishingCocoon FallingSilk Rising

< p > > a href= "http://sjfzxm.com/news/index_f.asp" > Guangxi < /a > market cocoon fell and silk rose, the intraday price fluctuated narrowly, although raw silk appeared callback, but the amplitude was too small, lack of support in basic plane, whether the strength of the future market could be sustained had yet to be verified, the whole body of cocoon silk continued to continue weak finishing pattern, the amount could be weak, and the daily price was still falling, the price center of gravity remained low.

Dry cocoon nearly fell 073 yuan in the past week, 100 yuan to close 103 thousand, 093 down 100 yuan to close 106 thousand, raw silk main force rose slightly, 093 increased 730 yuan to 344 thousand and 100, 15033 increased 991 yuan, and the market turnover remained relatively quiet.

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< p > at present, the overall trend of the market continues to be weak, basically facing the weak trend in the intraday trend. It is expected that the probability of going up sharply in the near future is still small. It is still in a downward trend. At present, the market is weak and lacks attention, and is constrained by the weak consumer market background. It is expected that cocoon silk will still be difficult to get out of the bright market in the short term.

Spot price quotations continued to slightly loose in all production areas, prices gradually declined but sales did not improve, and continued weak volatility in the absence of improvement in fundamentals was still the main tone of the recent trend.

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"P", although the market demand is not vibrant, labor costs and other problems plagued the development of China's textile industry, but the industry said that, from the trend of development, with the gradual deepening of the positive impact of economic recovery on the consumer market, the export growth of China's textile industry will continue to continue a steady trend.

According to the statistics of China Textile Import and export chamber, the import and export volume of fabrics in 1~5 this year is 24 billion 244 million US dollars, up 3.5% over the same period last year.

Among them, exports amounted to US $21 billion 300 million, an increase of 5.27% over the same period last year, and the export volume was 14 billion 736 million M, an increase of 3% over the same period last year.

The average export price was 1.45 yuan / m, up 2.2% over the same period last year.

In May, the export volume of China's fabrics remained stable in the single month, and the export volume of fabrics was 5 billion 241 million US dollars. This year's export volume has reached a new high this year, an increase of 8.54% over the same period.

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