PULWAMA, SEPT 6: The Sericulture Development Department (SDD), Pulwama today organized a Cocoon auction market at Sericulture Complex Nikas Pulwama to facilitate sale of Cocoon production of sericulture farmers of the district.
The cocoon auction market offers an interface between the Cocoon growers and local, outside buyers and Jammu & Kashmir Industries Corporation. There is a bidding competition amongst the buyers as the silk process has been witnessing sudden surges from the last few months with the rates at Rs. 1120 highest per KG of cocoon.
Speaking on the occasion, the District Sericulture Officer Pulwama informed that the market has improved this year and the trend is very encouraging. He asked the buyers to keep a positive attitude while purchasing cocoons from farmers.
He also informed that the government will provide incentives to the farmers according to the cocoon production which will ensure healthy competition among the farmers.
A huge population of silkworm peasantry is participating in the markets and a good number of buyers are enthusiastic to book the profit on account of the purchase of international quality silk.