The Schneider GroupSILK MARKET REPORT
April 2019
CHINA
The new mulberry cocoons came out from Guanxi Province in April of this year. The price is 30% lower compared to last year while production is 35% lower than last year. The market for raw silk shrank noticeably during the last season therefore farmers stopped seeding their silkworms. This leads to a sharp decrease of new cocoons.
The Schneider Group
The Schneider Group