Jiaxing, Zhejiang: Late Autumn Cocoon Prices Hit A New High

With the two districts of Nanhu and Xiuzhou open today, the cocoon will be opened this year.

The average purchase price of cocoons in late autumn is about 1730 yuan per 50 kilograms, some up to 1750 yuan, up 29.10% from 1340 yuan in the same period last year.

A record high.

According to analysis, the price of cocoons in late autumn has reached the highest level in history. The main reasons are three:

First, this year's Silkworm flood is especially good.

Due to the suitable temperature, silkworm farmers' careful breeding and sericulture department's guidance, this year's late autumn cocoon yielded high yield and good harvest, and Zhang's output reached about 50 kg.

Two, it is urgent for manufacturers to have cocoons.

Since the beginning of this year, the cocoon stock of the silk reeling factories is generally weak, some of them are on the same side, but this year's mid autumn cocoon is of poor quality, which can not be used for silk reeling. It also adds frost to the factory's snow. At present, the cocoons and cocoons of late autumn are good, so the factory should be cocoon urgently, regardless of the cost and high price to buy cocoons.

Three, dry cocoon and white silk futures prices are rising.

This year, the international silk market is promising, making the price of dry cocoon and white silk in the domestic futures market hit a record high.

At present, the price of dry cocoon is 102 thousand and 500 yuan per ton, 341 thousand and 100 yuan per ton of white silk factory, up 36% and 50% respectively, and the spot price is basically at this price, so that the price of cocoon is doubled and the price of late autumn cocoon is high.