Subscribe Search

Search form

Logo of Phnom Penh Post newspaper Phnom Penh Post - Imported raw silk gets cheaper

Imported raw silk gets cheaper

Imported raw silk gets cheaper

THE price of imported raw silk decreased to US$44 per kilogram even as raw silk production fell off, according to industry insiders.

Imported raw silk dropped 12 per cent to $44 per kilogram compared to $50 per kilogram last May.

Cambodia Craft Federation CEO Soeng Kemyun, said the dwindling price of raw silk should be an advantage for local producers, but has not yet reached that stage. “The price of raw silk slightly decreased, but not enough for craftsmen to easily purchase it and process it for export. A price under $30 per kilogram would be better,” he said.

Silk exports to Europe have dropped as no orders are being filed due to the euro crisis, he continued.

Keo Mony, deputy director of Khmer Silk Village, a silk association in Kompong Cham, Prey Veng, Takeo provinces, said the drop in price was due to importers drawing on many raw silk producers.

He believed the price won’t decrease further, however. Raw silk production decreased around 20 to 30 per cent, because the youths who work in the sector have begun to seek other jobs, according to Keo Mony.

Cambodia needs between 400 to 500 tonnes of raw silk per year for its craft sector, with it mainly imported from China and Vietnam as Cambodia only produces five to six tonnes per year.

The import of silk would lessen if local productivity decreases as well, Soeng Kemyun said.

To contact the reporter on this story: Rann Reuy at [email protected]


  • Kak Channthy, Cambodian Space Project frontwoman, killed in crash at 38 [Updated]

    Updated 5:05pm, Tuesday, March 20, 2018 Kak Channthy, frontwoman of popular The Cambodian Space Project, was killed Tuesday morning in a traffic accident in Phnom Penh. She was 38. Channthy, the internationally recognised singer-songwriter also known as “Srey Thy”, was reportedly travelling in a tuk-tuk on the city's

  • Australian police investigating death threat against Kem Ley's widow

    Updated: 10:17am, Friday March 23, 2018 Australian authorities on Thursday confirmed they have launched an investigation into a crudely written death threat sent tothe family of slain political analyst Kem Ley and Victoria state MP Hong Lim. The typed letter, reported to Victoria police last week, is

  • Apparel groups including H&M and Gap urge Cambodia garment industry reform, seek meeting with Hun Sen

    A group representing some of the largest apparel brands in the US and Europe – including Gap, H&M and ASOS – expressed “growing concern” on Tuesday over several controversial labour laws and ongoing court cases against unionists described as restrictive and unjust. In an open letter

  • Hun Sen says Montagnards don’t exist in Cambodia

    Prime Minister Hun Sen once again attacked ex-opposition leader Sam Rainsy for pledging “autonomy” to Montagnards, claiming – seemingly incorrectly – the ethnic minority does not exist in Cambodia. “We respect all minorities such as Jarai, Steang, Phnong, but we have never had Montagnards,” the premier said