Urgent Instructions For Cocoon Wire To Submit The Time Table For The National Reserve Silk Competition.

Country

I was released in September 29th.

Bidding companies should carefully read the notices and participate in bidding activities according to the regulations.

National Cocoon Silk Office

October 18th, two

Supplement:

Since October 20, 2010, the benchmark interest rate for RMB deposits and loans has increased by 0.25 percentage points since October 20, 2010. This is the first time that the central bank has raised interest rates 3 years later. It is subject to the policy of raising interest rates. On the 20 day, the trend of cocoon silk in the Guangxi market has gone to extremes, cocoon and silk have fallen. However, only after a day, the short-term impact of the central bank's interest rate hike policy has been digested by the market.

Agricultural products remained strong, cotton rose again to create a new high, sugar fell high, but the record hit a new high, indica rice, corn and grease varieties have hit a new high, Guangxi market cocoon silk certainly do not show weakness, all red closed, agricultural products are still in the bull market situation.

The central bank raises interest rates to guard against inflation, but at least from yesterday's two days, the futures market's various funds to raise funds, and some of the prices of agricultural products are high, the central bank's task of managing inflation expectations is still very arduous.

Today, the cocoon silk trading in Guangxi market is still unstating, and the turnover is few in consecutive days. However, the situation of cocoon silk price occupying high price area is still stable, and the overall performance is still dominated by the oscillating market of high level consolidation.