The “silver ten” market is coming to an end, and the demand side is gradually weakening. According to the price monitoring of business agencies, the domestic cocoon and silk market showed a downward trend at the end of October. The current average price of raw silk market is 295000 yuan / ton, down 3.12% compared with the 25th, and 28.05% year-on-year; the average price of dried cocoon market is 90500 yuan / ton, down 0.82% compared with the 25th and 33.82% year-on-year. At present, the price of dried cocoon is 89000 yuan / ton and that of raw silk is 300000 yuan / ton in Guangxi.

Autumn cocoons in Guangxi continue to be listed. According to some local cocoon stations, the purchase price in Yizhou is maintained at about 42-44 yuan / kg; Baise’s purchase price is higher, reaching about 42-45 yuan / kg due to its better cocoon quality. Yunnan Dali cocoons began to be listed in the late autumn. At present, the purchase price is 39-40 yuan / kg, which is still in the initial stage of listing, and the quantity of cocoons on the market is relatively small.

The purchasing work of autumn cocoon in Qidong City, Jiangsu Province has been finished. The average price of autumn cocoon purchase this year is 32 yuan / kg, which is 28.89% lower than 45 yuan / kg in the same period of last year, and 5.88% lower than that of 34 yuan / kg this year. However, the average yield of autumn cocoon this year is 45.5 kg, which is the highest per unit yield for many years, which is 28.17% higher than that of 35.5 kg in the same period last year, and is basically the same as this year’s spring cocoon.

The fifth batch of cocoons in Chun’an County, Zhejiang Province, took the lead in purchasing cocoon stations such as Langchuan and fenkou on October 12. By October 25, all cocoons had been collected and dried. This year’s late mid autumn cocoon yield is high, good quality, the average yield of nearly 40 kg, but the purchase price has dropped compared with the same period last year. In the late Mid Autumn Festival, 11492 cocoons were distributed, 378.5 tons of cocoons were purchased, and the purchase price was 43.8 yuan / kg.

The international and domestic textile and clothing markets continue to pick up as the “double 11″, Christmas, Spring Festival and other festivals are approaching. According to the latest data of the General Administration of customs, in September 2020, the export of textiles and clothing reached 28.37 billion US dollars, an increase of 18.2%, including 13.15 billion US dollars of textile exports, an increase of 35.8%, and clothing exports of 15.22 billion US dollars, an increase of 6.2%. In addition, this year’s cold winter is expected to be good for this year’s winter clothing sales, winter cold resistant fabric more goods, factory orders to maintain near the early ten days of November. For example, in the traditional market of China Light and Textile City, the varieties of new fashion fabrics and leisure top fabrics in autumn and winter increased, and the transaction volume of many varieties increased.

According to business agency analysts, the epidemic situation in foreign countries is still severe, and some European and American countries and regions have taken restrictive measures again. There is still great uncertainty in demand recovery, and textile enterprises also have concerns. Therefore, most enterprises still choose to purchase on demand and produce according to order. At the same time, the domestic demand market will enter the traditional off-season in November, and the price of cocoon silk will also show a weak trend at the end of the month. Therefore, it is expected that the price of cocoon and silk will continue to weaken in November.