Home / Knowledge / News / Textiles / Cocoon & raw silk trends continue to flare-up
Cocoon & raw silk trends continue to flare-up
Sep '10
Dry cocoon and raw silk markets in Guangxi were very active on September 2, showing desire to break recent sideways pattern. Dry cocoon rose 100-300 Yuan per ton, raw silk prices too increased across the board, with the maximum rise up to 9000 Yuan per ton.

Both trade volume and positions expanded. Dry cocoon retained the price of 85,000 Yuan per ton on the day, while the highest price hit 86,000 Yuan. Raw silk collectively approached 330,000 Yuan per ton, trade volume of forward contract 11033 enlarged.

Dry cocoon contracts continued their recent smooth performance; prices gradually rose to 85,000 Yuan per ton. Nearby contracts were flat, nearby week contract 091 was quoted at 86,000 Yuan, contract 093 rose 100 Yuan to close at 85,800 Yuan per ton and contract 11033 rose 200 Yuan to close at 86,000 Yuan.

Raw silk contracts rose sharply across the board on the day. Nearby week contract 091 rose 6000 Yuan to close at 329,000 Yuan, contract 092 rose 9000 Yuan to close at 329,000 Yuan, or up 2.81 percent. Nearby main contract 093 set another new high by increasing 56,000 Yuan to close at 332,000 Yuan and forward main contract 11033 rose 6,400 Yuan to close at 323,700 Yuan.

Autumn cocoon has already come into markets in Guangxi and Yunnan and it has been reported that, pod price is the same as the spring cocoon price and was quoted at 32 Yuan / kg. High pod purchase prices have driven spring cocoon and silk prices to high level, in addition, spring cocoon yield is less than expectation.

Cocoon and silk prices have increased all the way up this year. Autumn cocoon market performance will directly determine next trend of cocoon and silk markets. Market reactions are expected to be more dramatic in the future on receipt of positive news.

Fibre2fashion News Desk - China

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Textiles | On 23rd Jan 2017

MagnaColours develops new sustainability standard

MagnaColours, manufacturer of printing inks and ink bases, discharge...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Marten Alkhagen
Swerea IVF AB

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

Lynda Kelly
Suominen Corporation

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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

January 2017

January 2017

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


Browse Our Archives


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