From November 1-5, the domestic cocoon silk price rose slightly. As of January 5, the average price of raw silk in the market was 440,375 yuan/ton, a weekly increase of 0.31% and a year-on-year increase of 47.28%; the average price of dry cocoon market was 148,000 yuan/ton, weekly An increase of 0.68%, an increase of 62.64% year-on-year.
With the cocoon formation in late autumn, the purchase of the last batch of silkworm cocoons in Heqing County, Yunnan Province in 2021 has officially started, and the silkworm farmers going to sell cocoons are in an endless stream. So far, the acquisition is nearing completion. According to statistics, the average price of spring cocoons in the county this year is 55 to 60 yuan per kilogram, the highest unit price in history, up nearly 50% year-on-year. In 2021, sericulture in Nandan County, Guangxi will be completed. The quality of the final autumn cocoons remained good, and the purchase price was 50-56 yuan/kg, maintaining a relatively high price, with a year-on-year increase of more than 30%.
In the downstream market, the energy consumption dual control policy in Jiangsu and Zhejiang has been relaxed. Starting from the end of October, the comprehensive operating rate of looms in Jiangsu and Zhejiang has been significantly increased to over 65%. The start of texturing, weaving, printing and dyeing has gradually resumed, and the factory is enthusiastic about accepting orders after December Rebound. In the spot raw silk transaction, the inquiries increased and the transactions increased. In particular, the cost-effective raw silk was favored by the market and the transactions were more active.
The current transaction activity has increased, but with the gradual delivery of "Double Eleven", "Double 12" shopping festivals and Christmas orders, the terminal textile sales market will also enter the traditional off-season, subsequent orders will be weak, and the demand side will remain Facing greater pressure, it is expected that the short-term cocoon silk price will show a weak adjustment trend.
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