Market Wait-And-See Sentiment Is Strong, High Price Shock Cocoon Silk

Since June, the domestic cocoon and silk market has been adjusted in a high level. According to the price monitoring of the business agency, as of June 24, the average price of domestic raw silk was 420000 yuan / ton, an increase of 0.24% compared with the beginning of the month, and a year-on-year increase of 46.09%. The average price of dried cocoon market was 139500 yuan / ton, with an increase of 0.36% compared with the beginning of the month and a year-on-year increase of 48.40%.

Recently, Guangxi and other places are in the peak period of the fifth batch of spring cocoons, and the listing prices in Yizhou and other places are 50-52 yuan per kilogram. The weather and other comprehensive reasons reflect the quality well. In Chaotian District, Guangyuan City, Sichuan Province, sericulture farmers welcome the spring silkworm harvest season. A total of 5400 silkworms and 216000 kg cocoons are produced in the whole region. The average purchase price of cocoons this year is 45 yuan / kg, an increase of 10-12 yuan compared with last year. In addition, the purchase of spring cocoons at major cocoon stations in Qilin District, Qujing City, Yunnan Province is coming to an end. This year, the average price of fresh cocoons is 65.75 yuan / kg, which is 24.52 yuan higher than 41.23 yuan / kg in the same period last year, with an increase of 59.4%, which is a record high.

At present, the overall textile market is still in the weaving off-season, the downstream demand is not clear, and the wait-and-see mood is strong, and the raw materials are mainly purchased on demand. Therefore, the raw silk market performance is general, reflecting some difficulties. Business agency analysts believe that the cautious mentality superimposed on the off-season and other comprehensive reasons, short-term cocoon silk market is expected to remain stable operation.