The price index for high-quality raw silk gradually rose from the end of 2023, peaking between July and August 2024, reflecting strong global demand growth in the silk market.
However, since the fourth quarter of 2024, the index has exhibited a gradual and moderate decline, signaling a cooling of market enthusiasm and a return to rational, stable conditions.
Entering the first quarter of 2025, the index stabilized significantly, with reduced fluctuations indicating a new equilibrium in supply and demand across the industry chain.
This trend offers valuable insights for enterprises in production planning, inventory management, and market forecasting, contributing positively to the industry’s steady development.
