Dried Cocoons Price History and Forecast Analysis Provided by Procurement Resource
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…
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