Xincheng's Autumn Cocoon Is Expected To Be Listed On The 26-28 Day.

Fresh cocoon market -

In August 12th, the Xincheng silkworm has been fed to 4 years old, and the first batch of autumn cocoons will be listed on 26-28 days. In addition, according to the China Weather Network, the weather in Xincheng area will be better in the next half month. It will be sunny and cloudy with more rain and less rain. It will be a good news for silkworm farmers.

Dry cocoon and raw silk quotations -

As of August 12th, the average price of raw silk was about 385 thousand yuan / ton, the price fluctuated less than last week. The average price of dry cocoon is about 10-14.5 yuan / ton, and the price remains unchanged. Today, the price of raw silk has slowed down. Now it has reached mid August, but the traditional seasonal off-season seems to have not yet passed. There are too many bad factors in the periphery this year. The US interest rate cuts, tariffs on China and the RMB exchange rate breaking "7" and other important news not only affect market confidence, but also increase a lot of uncertainty, causing traders to watch carefully, and lack confidence in the whole industry chain. Today, Jiaxing's raw silk index closed at 3922.60 points, a slight drop of 0.06%.

- Import and export market -

In July, China's foreign trade continued to grow steadily, and exports returned to the two digit growth path.

According to the data released by the General Administration of Customs in August 8th, the total value of China's foreign trade imports and exports in July was 2 trillion and 740 billion yuan, an increase of 5.7% over the same period last year. Among them, exports were 1 trillion and 530 billion yuan, an increase of 10.3%; imports of 1 trillion and 210 billion yuan, an increase of 0.4%; trade surplus of 310 billion 260 million yuan, an expansion of 79%.

Among them, the export of textile and clothing was rising, and the export amount denominated in RMB and US dollar increased. In terms of RMB, exports amounted to 189 billion 370 million yuan in July, an increase of 9%, of which 74 billion 100 million yuan for textile exports, 13.1% for rapid growth, 115 billion 270 million yuan for clothing exports, and 6.4% for growth. 1~7 months, textile and apparel exports totaled 1 trillion and 33 billion 330 million yuan, an increase of 4.5%, of which 472 billion 70 million yuan for textile exports, 7.7% for growth, and 561 billion 260 million for clothing exports, an increase of 2%.

In dollar terms, exports of textiles and clothing increased by US $27 billion 520 million in July, an increase of 2.5%, of which 10 billion 770 million US dollars in textile exports, an increase of 6.2%, and clothing exports 16 billion 750 million US dollars, an increase of 0.3%. 1~7 textile and apparel exports totaled 151 billion 740 million US dollars, down 1.5%, of which 69 billion 380 million US dollars in textile exports, an increase of 1.5%, and clothing exports 82 billion 360 million US dollars, down 3.9%.