Lido’s continuous silk market continues to rise (3.12-3.16)

This week, the silk market continued its strong recovery, with a relatively large margin. In March, the main force will close soon, and transactions in the market will gradually become more active. The decline in raw silk stocks and delays in the listing of dried cocoons will continue to affect the silk market this week. And in March next year, the main force of the new disk almost equal to 350,000 mark, and in September this year, the main force also successfully broke the 340,000 mark. The market outlook is still not soft.

Spot market

This week's silk market is unusually good, especially in the latter half of the week. The trend is almost fierce. Although there was a short period of weakness after the beginning of trading at the beginning of the week, the second half of the week had almost no suspense at the moment and broke the level. It started to go straight up and there are still signs of upward price on weekends. This week's price, the average spot price of domestic 3A-class commodity seizures was around RMB 320,000/t at the beginning of the week, followed by a slight and stable price weakness, but then there was a strong rise. The average price at the weekend was around 329,000 yuan/ton, and the overall price rose by 9,000 yuan/ton. , rose 2.8%. From this week's data, it can be seen that the silk market this week is almost the most powerful week since the end of last year, and the high price point has broken through another threshold - 300,000 yuan. The main reason is that, on the one hand, due to the delay in the listing of Cognac, according to news between the two parties, due to the rainy weather in Jiangsu and Zhejiang provinces, the work of silkworms has been postponed. According to statistics, the listing of Xinyi this year may be postponed until the end of April; In March, the delivery of the main force was approaching. The transaction was gradually active. More funds were withdrawn from the market in the near week and began to shift to the far month and the spot market. As a result, the silk market was pushed higher this week; the weather gradually warmed up, silk consumer goods, etc. Also entered a new stage, the gradual recovery of the downstream market has caused a greater positive impact on the silk market.

Electronic market

The gains in the market this week were even more pronounced, especially in the new round of the March contract next year. The market has been on the rise and there has been no signs of weakness. Among them, the month of September will be the first to pass a mark of 340,000 yuan, and the March contract will be close to 350,000. Market data: Jiaxing Market settled at 326,400 yuan/ton in the early period of 0925, and settled at 340,200 yuan/ton at the weekend, up by 13,800 yuan/ton, or by 4.2%; (2013) 3,325,500 yuan/ton at the beginning of the 0325 week, and 348,900 yuan at the weekend. / Ton, up 26,400 yuan / ton. Increase 8.1%. This week, the price of the market can be described as a strong rise. However, stealing the dog's disk, from the outside, can not help but worry. One of the reasons is that one of the reasons for the rise is the influx of fresh funds. But how long can this last? Secondly, the rumors of the rumors on the market have been postponed. However, from the weather in these two days, once the rain stopped, the temperature quickly picked up; its three silk consumer market was only routine seasonal recovery, but did not appear sharp Warmer. Observing the above points, it can be seen that the disk must still be treated with caution.

This year, the cognac is also a long-run and has gone up sharply. The average spot price on the weekend reached 110,000 yuan.

Analyze reviews

Looking at this week's view, it is not accidental that the silk market continues to grow. The reason for the industry's own characteristics, the conventional production cycle of the crop industry, is that the amount of silk stock in this pass can be described as the least moment in the year. Therefore, the market Changes in the market are inevitable; there is news from the market that the spring market will be delayed due to weather conditions this year, but the final news has not been confirmed; the main contract is basically set in March and the delivery is nearing the end, so the market is gradually active and the liquidity of the silk is also increasing. Gradually reduce, and the upstream new oysters cannot be replenished in time, and the prices of enamels are bound to increase. India, on the other hand, has experienced unpredictable and unpredictable tariffs on the silk reel of India. The issue of cotton also reflects the outcome of India’s export policy. The fickleness, so this message has yet to be confirmed. From a comprehensive perspective, judging from the current situation of silkworm production, the silk shredded silk market still has an upward trend for some time in the near future. In the mid-term, it is unlikely that strong strength will rise above the pass mark. New markets and the silk and silk consumer market in spring and autumn are unlikely. Will be the main factor.