Raw silk prices may continue to run high

On July 27, the price of raw silk was 424000 yuan / ton. In the past three months, the raw silk showed an overall upward trend, rising 29400 yuan / ton, or 7.45% compared with that before March, and 56.75% year on year.

Melamine

On July 27, the silk commodity index was 131.88, up 0.62 points from yesterday, down 20.28% from 165.42 points (2018-02-21), the highest point in the cycle, and 63.08% higher than the lowest point of 80.87 on May 05, 2020( Note: period refers to the period from September 1, 2011 to now)

From the five-year price comparison chart, the average price of 18 years is at a high level in five years, but it can be seen that the price of raw silk in 21 years shows a trend of overall growth, and 17.19.21 raw silk price shows an overall upward trend.

In the past period, typhoon fireworks entered the country, which brought a long period of heavy wind, which not only caused fertilizer loss in mulberry garden, but also blew some mulberry strips and broken some mulberry leaves. In order to minimize losses and ensure the normal breeding of autumn silkworm production, the management work after the disaster of sericulture production should be carried out. Especially, the mulberry planting in the field should pay attention to the drainage of ditches, so as to make small communication between big ditches and rivers, so as to make the mulberry garden free of water or less water.

Analysts of business society believe that raw silk prices will continue to run at a high level. Since 2021/7/18, the 30 day average on the 7-day average will start the upward trend, and the current two average lines are up in the same direction. According to 2021/7/25, the probability of change of operation situation (i.e. 30 day average under 7-day average) in the next 7 days is 45.22%.

http://www.lubonchem.com/

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