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

*.*pt"> Chinese raw silk (*A **/** high grade) experienced a steep rise over the last year, with its price reaching $**.** per kg in the Chinese domestic market. In contrast, India&#**;s charkha raw silk prices showed a bearish tone after a sharp fall in the first quarter of last year, settling at $**.** per kg in the Indian domestic market. 

*.*pt"> Chinese high-grade raw silk was traded at $**.** per kg in the first week of ****. It dropped *.** per cent to $**.** per kg in April ****, but the prices gained *.** per cent to $**.** per kg in the first week of the third quarter. The price of Chinese raw silk further surged *.** per cent to $**.** per kg in October **** and settled at $**.** per kg in the first week of January ****, with a further gain of *.** per cent. Therefore, the prices of Chinese high-grade raw silk increased by *.** per cent over the last year, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.