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

Apparel/Garments | On 26th Sep 2017

US raises annual AGOA quota for textiles

The US Committee for the Implementation of Textile Agreements has...

Textiles | On 26th Sep 2017

Gujarat hopes extended textile policy to attract Rs 5000 cr

The Gujarat government feels that its recent decision to extend its...

Apparel/Garments | On 26th Sep 2017

Cash burn by e-tailers in India may double during festivals

During this year’s festival season, which has already started,...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

September 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
75.0%
No
12.5%
Skip
12.5%

Total Votes: 48

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.5%
No
25.0%
Skip
12.5%

Total Votes: 48

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.5%
No
6.3%
Skip
6.3%

Total Votes: 48

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.8%
No
10.4%
Skip
18.8%

Total Votes: 48


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