The Price Of A Piece Of Raw Silk Increased By More Than 10000 Yuan In Recent 10 Days

After the Spring Festival, the price of domestic textile raw material market has been significantly adjusted. The spot price of cotton, cotton yarn and chemical fiber has been rising all the way. The quotation of various varieties of cocoon and silk has also increased significantly. The quoted price of raw silk has generally increased by more than 10000 yuan per ton. According to price monitoring, as of February 28, the average price of dried cocoon market was 112500 yuan / ton, up 4.17% compared with February 18 (the seventh day of the first month). The average market price of raw silk was 349000 yuan / ton, up 3.71% yuan / ton.

In view of the sharp rise of raw materials, silk enterprises need to speed up the pressure of cost growth to the downstream terminals. At present, the difficulty of transaction increases obviously, and the downstream weaving enterprises are earlier than the Silk Reeling Enterprises in accordance with the Convention, and generally start work on a large scale. However, most silk mills will start operation after the 15th day of the first month, and Guangxi cocoon and silk logistics will start in advance, but the shipment volume is too small. On the one hand, most of the printing and dyeing factories have not yet entered the production state, and the quantity of dyeing factories that can reflect the market situation is not clear; on the other hand, even if there are orders at present, they are likely to be overstocked orders before the year, and the order market after the year is still unclear.

The international market is different from the situation of the small peak of raw silk export to the Indian market after the Spring Festival in previous years. This year's Spring Festival is late. Since the Spring Festival, Indian inquiry has been less. In addition, affected by the epidemic situation, India announced on February 1 that in order to encourage its cocoon and silk industry to import Chinese silk products, the tariff would be increased from 10% to 15%, and that for silk and satin would be increased from 15% to 20%. It has been implemented since February 2. The cost of Indian Importers has increased significantly, and the prices of related commodities in India's domestic market have also increased significantly. The prices of raw silk, silk and satin are generally about 5-10% higher than those in January, some of which are higher, and the terminal acceptance is more difficult.

Analysts believe that the current high price of cocoon and silk needs to pay attention to whether it has a great impact on the profits of downstream enterprises, whether the price / cost will be transmitted downstream smoothly, affect the order quantity of silk fabrics and clothing, and whether the demand side is suppressed. At the same time, we need to pay attention to the export. With India's tariff adjustment, it is expected to affect India's enthusiasm for importing raw silk to China.