Home / Knowledge / News / Textiles / Downtrend in silk exports troubles sector
Downtrend in silk exports troubles sector
28
Nov '08
Silk Cocoons
Silk Cocoons
The world financial crisis resulting in a slowdown in consumer demand has led to a decrease in exports of silk from China. Silk exports have maintained a sharp downward trend.

Customs statistics reveal that China's raw silk exports reached 763 tons in October, a reduction of 207 tons or down 21 percent from September and a drop of 191 tons or 20 percent from the same time last year.

From January to October, China's raw silk exports totaled 11,779 tons, up 3.1 percent year-on-year, but growth rate fell 2.1 percentage points from the first three quarters.

Due to the slowdown in exports, silk enterprises are facing difficulties forcing them to cut or stop production which again leads to a reduced demand for cocoon.

Data released from the National Bureau of Statistics reveals that, in October, fabric manufactured from silk from medium and big scale enterprises reached 776,820,000 meters, down 3.9 percent from September.

From January to October, China's total silk product output achieved 7,902,000,000 meters, a decline of 1.8 percent year-on-year.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 23rd Feb 2017

Incentives would spur jobs: New ASSOCHAM president

Further incentives for investment into manufacturing, IT,...

Information Technology | On 23rd Feb 2017

Lectra unveils supply chain programme for fashion industry

Lectra, the world leader in integrated technology solutions dedicated ...

Textiles | On 23rd Feb 2017

Gujarat govt announces Rs 1,000 cr package for MSMEs

In its state budget for 2017-18, the Gujarat government has announced ...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Giorgio Mantovani
Corman S.p.A

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Larry L Kinn
Suominen Corporation

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search