Guangxi Cocoon Silk: Nearly Fell &Nbsp, Rebounded Slightly.

The cocoon silk performance in Guangxi market is almost the same today.

The price of dry cocoon plate is still strong between 70 thousand and 6 and 70 thousand and 7. The price of raw silk contract is relatively high and low, and the price of raw silk in the near future contract is above 270 thousand price, and the middle and long term contract stays between 250 thousand and 260 thousand.

The dry cocoon contract 054 gradually approached the last trading day and began to take action. Today it fell 300 yuan, and it closed at 76500 yuan, but the volume was only 2 batches. 061 reported 775 million, the highest dry cocoon plate today; 093 of the main contract rose 1200 yuan, and it received 77100 yuan.

The total turnover is basically the same as that of yesterday. The total volume of the total volume of the 56 batches is 262 batches.

The silk futures contract fell slightly today, but the drop was smaller. In the near week contract, 054 closed 2 billion 700 million, down 200 yuan, 8 batches, 8 of the main contract volume rose, 72 batches of orders, 590 batches of orders, reported 257500 yuan, up 4100 yuan, or the highest in the raw silk market.

The total volume of raw silk is 106 batches, and the total volume is 926 batches, which is roughly the same as yesterday.

From the end of May to the beginning of June, cocoons of all parts of the country will be on the market. The silkworm cocoons in the sericultural areas of Yunnan, Sichuan, Chongqing and Shaanxi will be listed in the early June or mid June. The cocoons of Zhejiang and Jiangsu will be listed in early June.

The third batch of silkworm cocoons in the former Sericulture Area of Guangxi has been listed, the purchase price is still hot, and the purchase price is about 28 yuan to 30 yuan per kilogram. The second batch of cocoon purchasing period in Guangxi Yizhou has ended and the number of purchases is basically the same as that of the first batch. It can be estimated that the stock of dry cocoon in Guangxi Yizhou is still very abundant at present. The market of cocoon production in Yunnan is not optimistic. The cocoon output is estimated to decline this year. It is understood that the output of cocoons in Yunnan Dali area has been greatly reduced. The number of cocoons purchased at present is only about 40% to 60% in the same period last year, and the price is about 30 yuan to 34 yuan / kg; the number of cocoons in Sichuan, Chongqing and Shaanxi is expected to be unchanged from last year. According to reports,

With the gradual increase in the number of cocoons in China, it is unlikely that the price of dry cocoon plate will rise again.

Although the guidance price of cocoon purchase announced by various provinces is aimed at stabilizing cocoon purchasing market, in the actual market operation, the purchase price of the market is much higher than that of the government's cocoon purchase, and the significance of cocoon purchase guidance price does not seem to be too large now.

Raw silk raw material supply gradually increased supply, and downstream there is no obvious increase in consumption. The possibility of raw silk prices rising again is not high. Silk enterprises in the downstream industries of cocoon silk industry will not enter the market in large quantities. What they are most concerned about should be the large number of cocoons listed and the launching of the cocoon purchasing guidance price, which can stabilize the market and pay close attention to the trend of the raw material market.

The full listing of silkworm cocoons will bring a new round of adjustment to the trend of the whole cocoon silk market, bringing sweet or bitter participants to all sectors of the industry.