Mid Peasant Cocoon Silk Market Quotation Hechi Jinchengjiang Autumn Cocoon Began Listing

Fresh cocoon market -

In August 27th, a cocoon Station in Jinchengjiang, Hechi, was purchasing fresh cocoons. Due to the recent hot weather and the influence of typhoon days, there was more rain. The cocoon quality of fresh cocoons purchased generally was about 55%, and the purchase price was 50-52 yuan / kg.

Dry cocoon and raw silk quotations -

As of August 27th, the average price of raw silk was about 380 thousand yuan / ton, and there was no fluctuation in price last week. The average price of dry cocoon was about 11-12 yuan / ton. Recently, raw silk prices fluctuated little. Although Sino US trade friction has been escalating, but because of the gradual listing of autumn cocoons, it has given some support to the market, and cloth purchasing in downstream garment production enterprises has increased locally in recent days. The supply of fabrics has increased in the autumn, and the fabric spot transactions in autumn have been increasing. Today, Jiaxing's raw silk index closed at 3969.24 points, up 0.11%.

India market -

In August 27th, India's market price quotes: hybrid cocoons 277-420 rupees / kg, two cocoons 500-750 rupees / kg, multi cocoons 320-360 rupees / kg, two silk 2600-3350 rupees / kg. The price of hybrid cocoons rose by 6.3% compared with yesterday. Two, cocoon and cocoon prices remained unchanged, and the price of two silk rose yesterday. (1 rupees =0.099 yuan)

- export market -

In 1-6 months, the volume of silk trade between the 28 countries of the European Union was $6 billion 83 million, down 3.23% from the same period last year. Among them, imports amounted to US $3 billion 654 million, down 2.1% compared to the same period last year, and exports amounted to US $2 billion 430 million, down 4.88% from the same period last year. The specific circumstances are as follows:

Imports of goods constituted 93 million 937 thousand and 300 US dollars of silk, down 20.06% from the same period last year, the number of 1813 tons, down 14.16% compared with the same period last year, 416 million of silks and satin, 6.37% lower than the same period last year, and 3 billion 144 million US dollars in manufactured goods, a decrease of 0.84% over the same period last year.

The main source of imports was China ($1 billion 205 million, down 1.86%, or 32.98%), Turkey ($667 million, down 11.94%, 18.25%), Bangladesh ($420 million, an increase of 9.96% over the previous year, 11.49%), and India (gold 188 million U.S. dollars, down by 10.88%, accounting for 10.88%), and Kampuchea (the amount of US dollars, down from the same period last year). The total proportion of the above 5 sources is 72.6%.

Export commodities constituted 5 million 281 thousand and 500 US dollars of silk, down 7.46% from the same period last year, the number of 390 tons, an increase of 145.28% over the same period last year, and 398 million of silks and satin, 6.9% lower than the same period last year.

The main export market for the United States ($355 million, down 2.61%, accounting for 14.59%), Switzerland ($311 million, an increase of 0.24% over the previous year, accounting for 12.82%), Hongkong ($253 million, down 10.35%, accounting for 10.41%), Japan (US $171 million, US dollar, year-on-year decline 2.9%, accounting for 2.9%), and Russia (amount of US dollars, down compared with the same period). The total proportion of the above 5 markets is 51.29%.