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Raw silk exports show major slide in June
17
Jul '08
According to the latest Customs statistics, China exported 1,141 tons of raw silk in June 2008, 285 tons or 19.99 percent less than that in May, and representing a decline of 3.88 percent from the same time last year.

Export value of raw silk amounted to US $302.42 million, down 17.26 percent from the previous month, but up 8.32 percent from the same time last year. The average export price in June was $26,505 per ton, 3.41 percent more than that of the previous month, and a year-on-year increase of 12.68 percent.

China's total raw silk exports reached 7,234 tons in the first half of 2008, representing a growth of 13.14 percent over the same period last year.

Cumulative export value achieved nearly $1.771 billion, a growth of about 12.20 percent. Meanwhile, average export price was around $24,490 per ton, registering a slide of 0.83 percent as compared to corresponding period of 2007.

Fibre2fashion News Desk - China

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