Last week, China's domestic cocoon silk market maintained a volatile upward trend. As of May 21, the dry cocoon market price was 134,000 yuan/ton, an increase of 3.88% from the beginning of the week and a year-on-year increase of 49.72%; the raw silk market was 412,500 yuan/ton, compared to the week. The initial increase was 0.78% and the year-on-year increase was 42.98%.

Currently, Guangxi is in the third batch of spring cocoons on the market, and other regions are in the process of harvesting cocoons or about to harvest cocoons. Specifically:

The third batch of spring cocoons in Yizhou, Guangxi continue to be marketed in small quantities, with average quality, thin cocoon layer and high moisture content. The gross discount is estimated to be about 8.5 yuan. The price of class A cocoons is about 52-54 yuan/kg, and the price of class B cocoons is 44-46 yuan/kg. about. The third batch of spring cocoons were launched sporadically in Pingguo, with a cocoon loading rate of about 80% and a price of about 59 yuan/kg. It is expected that the third batch will be fully launched around May 27.

Dayao County, Yunnan Province, as an early city area for silkworm cocoons and a high-quality silkworm cocoon production area, the purchase of spring cocoons has been fully completed. According to statistics from the local agricultural department, the average purchase price was 61 yuan/kg, an increase of 25.22 yuan over the previous year’s 35.78 yuan. The county raises 16260 silkworm species and produces 707.2 tons of fresh cocoons. Summer silkworm rearing will be carried out in mid-June.

The listing of spring cocoons in Gaoxian County, Yibin, Sichuan Province is coming to an end. This year, the cocoon harvesting time has been lengthened due to the weather. The spring cocoons in Guang'an area are already on the market, and the spring cocoons will be launched soon. Spring silkworms in Dongtai City, Jiangsu Province have begun to open their leaves and enter the sericulture stage.

At present, the order quantity of cocoons, raw silk, cotton, etc. has increased, and the order intention is very positive. Buyers have a strong psychology of looking for bargains. The price of high-quality raw silk is also increasing rapidly. However, the single transaction volume is relatively small, and the price is relatively small. Hesitated. Companies that have stocks in the old cocoon season are making orders, and some of the production companies in the new cocoon season have also traded, and some will wait and see according to the cocoon.

SunSirs analysts believe that with the full spread of the national spring cocoon acquisition, the market is waiting for further confirmation of the later price quotations. It is expected that the short-term cocoon silk price will continue to be stable and warm.

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