Apparel / Textiles & Accessories

On July 27, the price of raw silk was 424,000 yuan/ton. In the past three months, raw silk has shown an overall upward trend, with a price increase of 29,400 yuan/ton compared with the previous March, an increase of 7.45% and a year-on-year increase of 56.75%.

On July 27, the raw silk commodity index was 131.88, an increase of 0.62 points from yesterday, a decrease of 20.28% from the cycle high of 165.42 points (2018-02-21), and an increase of 63.08 from the lowest point of 80.87 on May 05, 2020. %. (Note: Period refers to 2011-09-01 to present)

From the five-year price comparison chart, we can see that the average price in 18 years is at a high level in five years, but it is obvious that the price of raw silk in 21 years has shown a downward trend, and the price of raw silk on 17.19.21 has shown an overall upward trend.

Some time ago, the typhoon fireworks entered the country, which brought long-term strong winds and heavy rains, which not only caused the loss of fertilizer in the mulberry garden, but also broke some mulberry strips and broken some mulberry leaves. In order to minimize losses and ensure the normal production of autumn silkworms Breeding and post-disaster management of sericulture production should promptly carry out ditches and drainage of mulberry gardens. Especially in the fields of mulberry cultivation, we should pay more attention to ditching and drainage, so that small and large ditches and large rivers should be connected, and the mulberry field should not accumulate water or have less water accumulation as much as possible.

Business analysts believe that raw silk prices will continue to run at a high level. Since July 18, 2021, the 7-day moving average has crossed the 30-day moving average to start an upward trend, and the current two moving averages are both moving upwards. Calculated on July 25, 2021, the probability of a change in the operating situation in the next 7 days (that is, the 7-day moving average crosses the 30-day moving average) is 45.22%.