Qiu Qi listed or turning point

At the end of August, Qiuyu in Guangxi Rongcheng was the first to go public. The price of around 27 yuan/kg was considered reasonable in the current trend of the industry. By knowing that the quality of the local autumn quail is still mostly satisfactory, it is in terms of output. It did not make people feel optimistic. Due to the long-term effects of dry weather, the mulberry trees in many northern Guangxi regions, including Yizhou, Huanjiang, Yucheng, etc., are unfavorable, directly affecting the progress of mulberry and sericulture work. Qiuyu was delayed for about half a month, and the number of sericulture batches decreased. Most of these regions believe that the fall in output of Qiuyu in the second half of the year will be unavoidable, and the shortage of raw materials in the second half will be clearly highlighted. The impact of raw material shortages on the fundamentals, the trend of the market outlook or there will be increased changes.

On the disk, on the 1st of September, the Guangxi market began to show some signs of recovery. After a long period of deep falls, the 1st-day silk contract had closed up, and the Cognac had risen and fell further. Most of the raw silk rose and rose.茧093 rose 2400 yuan to close at 79,000 yuan, next year 033 contract fell 200 yuan to close at 87,000 yuan, cognac 1 total transaction 44 batches, total order 221 batches; raw silk 093 rose 1,500 yuan to close at 303,500 yuan, 033 contract rose 2700 The yuan newspaper received 281,000 yuan, 362 transactions, orders amounted to 1016 batches. On the 1st, raw silk transactions totaled 446 batches and total orders were 1707 batches. Trading volume decreased by 78 batches, and order quantity increased slightly.

For the silk reeling industry, entering the market after September, with the launch of the new market, the market will begin a new round of the second half of the year. Whether the “Golden 9 Silver 10” situation will emerge, and as time progresses, it will be known. The reduction in raw materials for silkworm cocoon production and the tight supply of production will be coupled with the fact that if the end-consumer segment, especially the foreign trade order market, is opened in the second half of the year, the silk yarn market is expected to resume its upward trend, but this is still a simple guess. Have time to verify.