Home / Knowledge / News / Textiles / Raw silk market in deadlock
Raw silk market in deadlock
05
Jul '11
Raw silk market was deadlocked with sharp volatility in price and most contracts declined.

The nearby raw silk week contract appeared deserted and closed at 376,000 Yuan per ton; contract 11083 rose 7,600 Yuan to close at 364,400 Yuan per ton and contract 11093 rose 200 Yuan to close at 351,800 Yuan per ton. Contract 12033 rose 800 Yuan to close at 335,400 Yuan per ton.

The market is more likely to move in wide fluctuation in the short term. But industry people point out that demand from India and the world still exists.

Dry cocoon market fell across the board on July 4, except contract 12033, which rose 1,400 Yuan per ton. The nearby week contract 11071 of dry cocoon fell 3,900 Yuan to close at 114,500 Yuan per ton.

Contract 11072 was offered at 113,500 Yuan per ton, contract 11073 fell to the down-limit and closed at 104,400 Yuan per ton.

The most active contract 11093 fell 27,000 Yuan per ton to close at 109,300 Yuan per ton. Forward contract 12033 rose 1,400 Yuan to close at 112,400 Yuan per ton.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search