The Price Of Cocoon Silk Remains Stable In The Peak Season Of Demand

According to the price monitoring of the business agency, the domestic cocoon and silk price has been stable recently. As of September 23, the average price of dried cocoon market was 150000 yuan / ton, which was flat on a week-on-month basis, with a year-on-year increase of 65.11%; The average price of raw silk market was 442000 yuan / ton, which was flat on a week on month basis, with a year-on-year increase of 54.55%.

Recently, the "golden cocoons" cultivated by sericulture farmers in Yanshan village, Jinjia Township, Pengan County, Nanchong City, Sichuan Province, ushered in a bumper harvest season. The purchase price is about 20% higher than that of ordinary white cocoons. It is understood that more than 35000 silkworm eggs will be released in this county this year, and the cocoon output value is expected to exceed 50 million yuan. The average price of cocoon in Lezhi in spring is 56 yuan / kg, which is the highest in the history of mulberry breeding and silkworm rearing in Lezhi. At present, the early autumn cocoon again ushered in a bumper harvest, the average price continues to maintain high operation. In Fenggang county, Guizhou Province, there are 3100 Mu mulberry fields and more than 600 sericulture households. Since this year, 1400KG cocoons have been produced by villages and communities in the town, with an average price of 46 yuan / kg.

In the downstream textile market, due to the limited power supply of weaving enterprises in Jiangsu and Zhejiang provinces, the "double reduction and double control" of printing and dyeing factories, and the insufficient quality of gold, nine silver and ten, the starting load of terminal looms rapidly dropped to 59.24%. Close to the National Day holiday, the number of orders in hand is still not much, some said that only 5-10 days, more orders in 1-2 months. In terms of export, the rising sea freight, long transportation turnover time and increased logistics costs have led to pressure on textile and garment export orders.

Business analysts believe that the current traditional demand season is not brisk, new orders follow-up is less, there is still no sign of starting Christmas orders, the overall market is cautious and wait-and-see attitude towards the future market, and it is expected that the cocoon silk market will remain stable before the National Day holiday.