According to the price monitoring of the business agency, the domestic cocoon and silk market has maintained an upward trend in the past 10 days. As of October 22, the average price of raw silk market was 304500 yuan / ton, up 5.18% compared with the 12th, and decreased by 25.73% year-on-year. The average price of dried cocoon market was 91250 yuan / ton, up 1.96% compared with December 12, and decreased by 33.27% year on year. At present, the price of dried cocoon is 90500 yuan / ton and that of raw silk is 319000 yuan / ton in Guangxi. Mainly benefited from the “double 11″ stock, extremely cold weather expectations and other good demand boost, boosting the market.
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The fourth batch of autumn cocoons in Yizhou, Guangxi continued to be listed. According to some local cocoon stations, although the quality of fresh cocoons on the market was slightly poor due to the recent rainy weather, the overall purchase price still maintained a small rise. It is understood that the current purchase price in Yizhou is about 44 yuan / kg, while that in Xincheng is about 41-42 yuan / kg. The autumn cocoons in Teyong Town, Jiangsu Province, are coming to the end of the market. It is learned from some local cocoon stations that the quality and quantity of cocoons have declined compared with the previous period due to the weather conditions. Cocoon stations purchase according to the quality, and the purchase price is maintained at about 33-34 yuan / kg.
In October, the “silver 10″ is particularly busy. In terms of foreign orders, Christmas and Thanksgiving are coming, and orders from Europe and the United States in some clusters begin to increase; in terms of domestic orders, the probability of cold winter this year is relatively large. In addition, with the approaching of “double 11″ and “double 12″, enterprises begin to prepare goods, and domestic sales orders increase significantly, and production improves. According to China Light and Textile City, orders for knitted fabrics in autumn and winter have increased sharply as the temperature drops. Among them, the demand for woven fabrics such as cold proof leisure surface materials and home textile fabrics will continue to increase. There are also some imitation silk scarf fabrics which will enter the normal production. Knitting and sweater fleece fabrics are also the “sweet cakes” in the current market.
Business analysts believe that in the near future, in preparation for the “double 11″ and the increase in fabric demand in autumn and winter, the transfer of orders in India, the expectation of extremely cold weather, and the increase of orders in spring and summer of 2021, the overall textile market has opened a round of price rising tide and rush wave. Affected by this, the market of cocoon and silk is on the rise. However, it is worth noting that the current downstream demand has not fully recovered, the market demand has not really recovered, the speed of cocoon silk delivery is average, and the future market trend is still unclear, lacking the basis for forming a long-term upward trend.
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