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Guangxi Cocoon Silk: Price Adjustment In Shock

2012/3/26 10:47:00 18

This week, the cocoon silk market in Guangxi moved towards downwards after a wave of upward trend last week.

Today, the last trading day of cocoon silk 033 contract has gone through a trend of ups and downs. The dry cocoon 033 rose 1100 yuan and ended up at 101500 yuan. The current batch of 12 batches, the raw silk 033 fell 800 yuan, ended up at 324900 yuan, and the turnover was 46 batches. The cocoon 093 increased slightly and the 100 yuan was reported to be RMB yuan.

On the news side, according to relevant reports, under the influence of long-term low-temperature and rainy weather, sericulture production in Guangxi's main cocoon producing area will generally be postponed for about 20 days this year. Although the price of agricultural products has risen considerably, the production season has been postponed. At the same time, the enthusiasm of Guangxi's sericulture areas is increasing.

The price of cocoon silk is affected by both the external market and the domestic market slowdown. The view is that our country in 2012 will be affected.

Spin

The industry will be operating under tight conditions. The continued escalation of the European debt crisis has a significant negative impact on the international market demand. The developed countries such as the United States and Europe are weak in economic recovery, the unemployment rate remains high, and consumer confidence is in the doldrums.

Textile and clothing

Demand, implying that the growth rate of garment exports in developing countries has been reduced, and the relevant industrial chains have been matched.

demand

It also slowed down.

In the first half of 2012, domestic textile and garment export demand and competitive pressure will be more prominent. In the first half of this year, the number of industrial exports will remain low or negative.