ReturnIn order to stabilize the development of the cocoon and silk industry, enhance the ability of industry regulation and control, China Cocoon and Silk Coordination Office issued a circular on June 25 to purchase raw silk for national reserve with reference to public bidding. The requirements of the national reserve raw silk should be as follows: dried-cocoon-reeled-silk (white) produced in 2024; Grade 5A and above 300 tons, Grade 4A 700 tons; 20/22D; meet the standard metric requirements and qualified by CIQ inspection.
According to the circular, the reserve this time would set 167 bids, each of which was an independent bidding unit with 10 batches (about 6 tons). The maximum number of bids per enterprise was 5 targets (50 batches, about 30 tons).
The qualification requirements for the bidding units are as follows: an independent legal personality with good credit standing and normal production and operation; silk reeling and processing factory with stable raw material sources, scale production capacity and an annual production capacity of over 200 tons of raw silk; stable product quality and high reputation; no bad behaviors in violation of national laws and regulations in the past three years，and also not being listed on the "Credit China" website as the dishonest judgement debtor and the party to major tax violation cases.
