Chinese raw silk prices soar as India’s charkha variety faces decline

Over the past year, Chinese high-grade raw silk prices increased by 7.37 per cent to $69.17 per kg, while Indian charkha raw silk prices fell by 27 per cent to $36.66 per kg. The upward trend in the Chinese market contrasts with the bearish trend in India, highlighting significant price movements and quality differences in the global silk industry.

from Paid Textile and Fashion Industry News RSS XML Feeds - Fibre2fashion https://ift.tt/XGFKdl9
via IFTTT