Raw Silk Prices Continue To Fluctuate, And The Forecast Continues To Rise

As of July 20, the average price of raw silk was 422000 yuan / ton, an increase of 23000 yuan / ton or 5.76% compared with the average price three months ago. Raw silk fell slightly last week, down 0.36%. Compared with the price of raw silk in five years, the price in 2018 is significantly higher than that in the other four years, the price in 21 years is on the rise, and the price after April is higher than that in other three years.

In Henan, Luoyang optimized the development mode of silkworm industry, extended the industrial chain and enhanced the value chain. Luoyang is one of the eastern starting points of the silk road. Its unique ecological environment is very suitable for silkworm cultivation and breeding. There is a long history of mulberry breeding and silk industry development in Luoyang. In recent years, Songxian County, as the representative of the county, has successively issued special support policies, introduced leading enterprises, planned high starting point and high standards to build the silkworm industry, and waded out a happy avenue of "gold" silkworm "and" silver "mulberry. In addition, the "breeding cocoon" of silkworm industry in Lingyun County, Guangxi, relies on the purchase station of Baise silkworm seed farm. Lantai village, Chaoli Yao nationality township, has realized the "multi win" of industrial development, cooperative efficiency, village collective economy increase and farmers' income increase. At present, the planting area of mulberry garden in Lantai village is more than 800 mu, and there are more than 89 sericulture households. The annual output of fresh cocoons is 67200 Jin and the output value is 2352000 yuan. It injects industrial power into the revitalization and development of rural areas. There are 6382 sericulture households in Lingyun County, and more than 10000 silkworm species have been ordered this year. In order to ensure the orderly and steady progress of silkworm rearing in 2021, all departments at all levels of the county continuously increase publicity and technical training, actively guide farmers to do a good job in mulberry garden management, and do a good job in the preliminary work of irrigation, fertilization, weeding and replanting.

Business agency analysts believe that raw silk prices continue to rise. Since 2021 / 7 / 11, the 7-day moving average is under crossing the 30 day moving average, and the current two moving average are going down in the same direction. According to the calculation of 2021 / 7 / 18, the probability of operation situation change in the next 7 days (i.e., the 7-day moving average above the 30 day moving average) is 44.05%.