Trend Analysis Of Cocoon Silk Market In Guangxi This Week

This week

Market drying cocoons continue to maintain slow growth momentum continues to rise, the price center of gravity moved up again, raw silk mixed each other, one week in a high position, despite a slight pullback, but the trend of overall strength has not changed.

Today's dry cocoon has been fully collected, and the price of the dry cocoon has been steadily rising for 98 thousand weeks. The monthly price has already risen earlier than 100 thousand, and 093 has risen by 700 yuan to close at 98 thousand and 500 yuan, but the turnover has always been light. The total turnover is 20 batches and the total orders are 134 batches. The raw silk is now down slightly, 093 has fallen by 2200 yuan, and it has been 326 thousand and 900.

The 424 batch, the total order of 1818 batches, the disk atmosphere slightly improved, but the market demand is limited, the volume needs to be improved.

Over the past few years, raw silk has increased continuously for a long time, but the purchase of downstream consumption has always been insufficient. This week, the upward trend is finally showing signs of weakness and lack of upward mobility. After a week of ups and downs, the price of the whole weekend has returned to the price at the end of last week. The pattern of overall strength has not changed significantly. The spring and summer cocoon work has come to an end. It is estimated that there will be a breakthrough trend in the autumn cocoon market.

Generally speaking, the cocoon silk, especially the raw silk, fluctuated after a slight increase in recent weeks.

On the macroeconomic side, the weak GDP announced in recent weeks triggered the expectation that the market has hit the bottom of the domestic economy, and the market has been talking about the role of stimulating policies.

Export market, according to customs statistics, in May this year, China's textile and clothing exports grew, but the growth rate was less than the national trade in goods.

In the new growth point of home textile industry, entered the July, home textile industry ushered in the low season of seasonal sales.

There are many areas plagued by high temperature weather, and the home textile market is stable and low.

Businesses wait for the bottom to rebound.