Silk Prices Continue To Fluctuate At A High Level, And The Textile Market Has Obvious Off-Season Characteristics

On July 16, the price of raw silk was 420500 yuan / ton, up 6.06% from three months ago. Since April, the price of raw silk has been on the rise as a whole, but at the beginning of July, the price has dropped slightly, falling by 0.36%. This month's rise was 5.23% less than that of the previous month.

From the perspective of industrial chain, the dry cocoon of upstream products has increased by 7.75% in the past three months,   On July 10, 2021, the second council meeting of the first national innovation alliance of mulberry industry was held in Southwest University. In his speech, academician Xiang Zhonghuai pointed out that the national innovation alliance of mulberry industry is an important platform for the in-depth integration and collaborative innovation of industry, University and Research Institute, and an important channel to serve national strategy and national demand. Combining traditional disciplines with modern science such as intellectualization and digitization, the original innovation ability and core competitiveness of mulberry industry will be fundamentally improved to serve the national ecological construction, ecological restoration, and national strategic needs such as carbon peaking and carbon China cooperation. In addition, the overall situation of Jiaxing summer silkworm is good this year, and the yield of each silkworm seed generally reaches about 50kg. According to the preliminary investigation in Tongxiang City of Jiaxing, the main production area, the summer cocoon has been basically completed after two-day purchase from July 14 to 15. The yield per hectare is is about 50kg, and the high-yield farmers are more than 60kg, an increase of nearly 10% compared with the same period of last year. The price of cocoon is 2100 yuan per kilogram (50kg), and the lowest is 2000 yuan, The average amount reached 2050 yuan per kilogram, an increase of more than 50% over the same period of last year. The higher purchase price of cocoon in the first half of the year promoted sericulture farmers' enthusiasm for mulberry garden maintenance. In Yizhou, Huanjiang and other places in Guangxi, the summer cutting of mulberry fields has been expanded, which shows that sericulture farmers are more active in mulberry planting and sericulture in the second half of the year.

Business agency analysts believe that raw silk prices continue to fluctuate, the warehouse continues to increase. On the spot, all grades of raw silk goods are relatively light. Silk factory off-season features in-depth, the number of enterprises to receive orders decreased, but most of them are still normal start-up, inventory increases. It is a local bright spot. Silk and cotton enterprises also have obvious off-season characteristics. Since 2021 / 5 / 9, the 7-day moving average has crossed the 30 day moving average and started the upward trend, but at present, the two moving average lines have the trend of opposite direction. According to the calculation of 2021 / 7 / 11, the probability of operation situation change in the next 7 days (that is, the 7-day moving average below the 30 day moving average) is 48.28%.