In the first half of 2023, China’s dried cocoon industry experienced fluctuating market sentiments. Prices surged in Q1 due to increased demand fuelled by the Lunar New Year Holiday and a resurgence in traditional silk clothing interest, both locally and internationally. However, prices plummeted in Q2 due to reduced summer-appropriate fabric demand, resulting in excess inventory.
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Definition
Dried cocoon refers to the desiccated form of the protective casing spun by silkworms during their pupal stage. These cocoons are a key raw material in the production of silk, a luxurious and fine-textured fabric. The drying process preserves the cocoon’s structure, enabling its transformation into silk thread through various manufacturing processes.
Key Details About the Dried Cocoons Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the Dried Cocoons in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as Excel files that can be used offline.
The Dried Cocoons Price chart, including India Dried Cocoons price, USA Dried Cocoons price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting the Dried Cocoons Price Trend:
Dried cocoons play a pivotal role in the textile and fashion industry as the primary source of silk production. They are used to extract silk fibres that are spun into threads for weaving luxurious fabrics. Additionally, dried cocoons find applications in crafting fine silk-based textiles, contributing to a range of clothing, accessories, and home furnishings.
Key Players:
- Anhui Silk
- Shengkun Silk Manufacturing
- Kraig Biocraft Laboratories
- Wujiang First Textile
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