Home / Knowledge / News / Textiles / Raw silk market in deadlock
Raw silk market in deadlock
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 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Smita Murarka

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

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Larry L Kinn
Suominen Corporation

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Judy Frater
Somaiya Kala Vidya

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search