Sunday, June 11, 2023

 The term "raw silk" describes silk fiber that has not been processed or altered after being extracted from the silkworm's cocoon. It has special qualities and is the natural form of silk. Compared to processed silk, raw silk has a somewhat coarser and more erratic texture, which gives it a more distinctive, organic feel. Raw silk fibers are highly sought-after for textile applications because of their strength and resilience. Natural sheen and luster are present in raw silk, which enhances its visual appeal.

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Raw silk is very breathable, allowing air to move around and absorbing moisture, making it comfortable to wear in various climates. This silk rapidly takes up dyes, producing rich, brilliant colors.

Key Details About the Raw silk 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 Raw silk price 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 Raw silk Price analysis, including India Raw silk price, USA Raw silk price, pricing database, and chart 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.

Read Also - https://procurementresource.blogspot.com/2023/06/sunflower-seeds-price-trend-forecasts.html

Industrial Uses Impacting Raw silk Price Trend:

Price-Trend-Image

Raw silk is transformed and weaved into various opulent materials, including silk sarees, scarves, ties, and high-end clothing. It is highly sought-after in the fashion sector due to its distinctive texture and luster. Manufacturing of upholstery textiles, curtains, drapes, and ornamental objects from raw silk gives homes, hotels, and other interior spaces an opulent feel. Raw silk's strength and durability make it appropriate for industrial uses requiring a high-strength thread or filament, such as sewing heavy-duty items, producing industrial filters, or making specialized textile products. Embroidery, silk painting, quilting, and other creative endeavors that call for raw silk's distinctive texture and appearance all use raw silk fibers to a great extent. Because of their moisturizing, anti-aging, and wound-healing qualities, raw silk proteins and extracts are used in the cosmetic and medicinal fields.

Key Players:

  • Anhui Silk Co. Ltd
  • Wujiang First Textile Co. Ltd.
  • Kraig Biocraft Laboratries, Inc
  • Bolt Threads Inc
  • AMSilk GmbH

News & Recent Development:

  • 30 April 2023- Government to purchase raw silk to arrest further fall in price- According to government sources, the price of raw silk has decreased to roughly $3,500 per kilo from its previous range of around $5,000 per kilo and stability over the previous two years. "As a result, the price of cocoon is declining in the cocoon market as the cost of raw silk is decreasing. Already, farmers lose around $100 for every kilogram of cocoon. According to a senior official in the Sericulture Department, the cost of a cocoon at the moment is roughly 450 rupees per kilogram.

About Us:

Procurement Resource offers in-depth research on product pricing and market insights for more than 500 chemicals, commodities, and utilities updated daily, weekly, monthly, and annually. It is a cost-effective, one-stop solution for all your market research requirements, irrespective of which part of the value chain you represent.

We have a team of highly experienced analysts who perform comprehensive research to deliver our clients the newest and most up-to-date market reports, cost models, price analysis, benchmarking, and category insights, which help in streamlining the procurement process for our clientele. Our team tracks the prices and production costs of a wide variety of goods and commodities, hence, providing you with the latest and consistent data.

To get real-time facts and insights to help our customers, we work with a varied range of procurement teams across industries. At Procurement Resource, we support our clients, with up-to-date and pioneering practices in the industry, to understand procurement methods, supply chain, and industry trends, so that they can build strategies to achieve maximum growth.

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