Related Keywords: buy raw silk from China, Cocoon prices declined by more than sixty percent, import duty on raw silk from China, reduced by government, Sericulture farmers, steep fluctuation in prices
Close to 810 sericulture farmers in Coimbatore district find themselves in state of despair due to the steep fluctuation in prices. Since June, the prices have been fluctuating so abruptly, that it even goes as low as Rs170 per kg. Unless the farmers sell it for a minimum Rs300 per kg, they are unable to feed their families.
