Dried Cocoons Price Trend

In February, dried cocoons price in China varied upward. As of February 24, the market's average price for the product was 145,000 RMB/MT, up 0.69% from the start of the month and 34.26% year on year. While downstream factories are progressively restarting, current end-consumer demand is recovering slowly. Manufacturers are more circumspect when it comes to raw material purchases and lack enthusiasm. The market is still in a period of recovery. Following the Spring Festival, silk and satin steadily increased their purchasing power and volume, but transactions remained dominated by small and medium-sized orders. Recently, the range of raw silk transactions has grown across the country, with factories in northern Jiangsu, Yunnan, and Sichuan making successive deals.

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Procurement Resource provides latest prices of Dried Cocoons. Each price database is tied to a user-friendly graphing tool dating back to 2014, which provides a range of functionalities: configuration of price series over user defined time period; comparison of product movements across countries; customisation of price currencies and unit; extraction of price data as excel files to be used offline.

Chart Description

Procurement Resource provides prices of Dried Cocoons for several regions around the globe, which are as follows:

  • North America
  • South America
  • Europe
  • Asia Pacific
  • Middle East
  • Africa

About Dried Cocoons

This refers to the cocoons that have been dried to protect cocoon quality and preserve its condition to facilitate the process of reeling. Dried Cocoons can withstand the damage caused by the long duration of storage compared to fresh cocoons. As the pupa's continued metamorphosis could lead to the piercing of shell by a newly emergent moth, the method of drying facilitates the conversion of cocoons to raw silk with ease. China is the leading producer of cocoons and raw silk globally. 

Industrial Uses

  • Silk
  • Textile industry

Production Processes

  • Production of Dried Cocoons via Drying/Stifling

In order to produce Dried Cocoons, fresh cocoons are placed in drying machine, where they are heated to remove the water in the cocoon shell. The water quickly evaporates, and heat kills pupa, after which gradual cocoon drying continues till the desired amount of water has evaporated. Various methods of drying include sun drying, steam stifling, and hot air-drying.

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Methodology

The displayed pricing data is derived through weighted average purchase price, including contract and spot transactions at the specified locations unless otherwise stated. The information provided comes from the compilation and processing of commercial data officially reported for each nation (i.e. government agencies, external trade bodies, and industry publications).

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