Guangxi Cocoon Silk: Ups And Downs &Nbsp; Cocoon Silk Market Is Still Stuck.

On the 26 day, the cocoon silk surface continued to shake up, and the distribution of contracts was mixed.

But from the plate observation, bullish confidence is not enough, few initiatives to buy, late in the partial reduction, the price remained in the vicinity of the high throughout the day a slight decline.

It shows a cautious attitude towards the market in the near future.

Today, the main line of raw silk is short and the line is big, but the K-line has not been able to stand on the 5 day moving average.

Raw silk in the near future SS11104 contract fell 200 yuan, reported 302700 yuan; raw silk main contract 12033 increased 2500 yuan, reported 296700 yuan, clinch a deal 198 batches, the order 1310 batches, the raw silk 2093 contract increased 2000 yuan, reported the 293000 yuan, traded the 12 batch, the order is approved by the batch.

The total number of dry cocoons was 38 batches and 258 orders.

At present, the acquisition of autumn cocoons is drawing to a close, and the cost has been basically determined.

With the support of high cost, the downward space of cocoon silk is not large. Now most investors are thinking about when they can rebound, and how can silk price rise to match the cost of raw materials.

However, we should not ignore the pressure on the short bear, causing a decline in a short period of time.

At present international and domestic