Chunyu prices are bullish this year
2019-07-25 12:02:23
Since last year, as international oil prices continued to rise, the cost and price of chemical fiber products soared, the demand for silk products soared, coupled with rising domestic silk consumption and the impact of high temperature on the autumn silkworms in major producing areas such as Jiangsu and Zhejiang. Reduced production, China's silk market price increases.
Last fall, the output of silkworm eggs decreased. This year, the silkworms are generally absent in spring, and many factors affecting the price trend in the silk market are unlikely to undergo major changes in the short term. Therefore, it is expected that the price of silkworm cocoons and raw silk will continue to maintain at a high level this year. The price of spring oysters may exceed the highest price for last year, reaching RMB 26 to RMB 32 per kilogram.
Last fall, the output of silkworm eggs decreased. This year, the silkworms are generally absent in spring, and many factors affecting the price trend in the silk market are unlikely to undergo major changes in the short term. Therefore, it is expected that the price of silkworm cocoons and raw silk will continue to maintain at a high level this year. The price of spring oysters may exceed the highest price for last year, reaching RMB 26 to RMB 32 per kilogram.
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