Home / Knowledge / News / Textiles / Rally in cocoon & silk prices cools down
Rally in cocoon & silk prices cools down
Jul '10
After raw silk broke through 300,000 Yuan mark last week, the rally in cocoon and silk market cooled down, due to lack of support from transactions, and no improvement of external environment.

In recent days, the trade volumes of cocoon and silk do not justify the rising prices and the market is increasingly deserted with trade volumes dwindling.

Dry cocoon prices fell across the board on July 26. Some contracts were unable to stabilize at 82,000 Yuan / ton. Dry cocoon contract 083 fell 600 Yuan to close at 82,200 Yuan / ton and the most active contract 093 fell 600 Yuan to close at 82,200 Yuan / ton.

Contract 10103 fell 1,700 Yuan to close below 82,000 Yuan and forward month contract 11033 fell 1,200 Yuan to close at 82000 Yuan / ton.

After raw silk broke through 300,000 Yuan mark last week, its market performance was not up to expectation, as the market sustained and wavered within 300,000 Yuan range, its upward momentum was blocked.

The market closed at 300,000 Yuan on July 26, but trade volume was only 4 lots without any orders, which portends bad prospects. Contract 083 fell 2,200 Yuan to close at 29,700 Yuan / ton.

The most active contract 10093 fell 2,100 Yuan to close at 289,000 Yuan / ton, contract 10103 fell 1,800 Yuan to close at 287,000 Yuan / ton; forward month contract 11033 fell 2,200 Yuan to close at 284,600 Yuan / ton.

By observing the market trend in recent times, cocoon and silk prices are expected to continue high-level fluctuations in the short term and may undergo a slight decline.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

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

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Ashok Desai
Bombay Textile Research Association

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

Suresh Patel
Sidwin Fabric

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

Judy Frater
Somaiya Kala Vidya

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

Igor Chapurin

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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