Home / Knowledge / News / Textiles / Cocoon & silk price trends dip in tandem
Cocoon & silk price trends dip in tandem
Sep '10
Sichuan, Yunnan and Guangxi provinces have started the acquirement process of autumn cocoon in early September. The current purchase price is above 30 Yuan / kg, the price in some local places even has risen to 35 Yuan / kg.

But the support from acquirement news to the cocoon and silk markets was less than the impact from decline in stock and futures markets on Thursday, as both, the cocoon as well as silk markets fell on Thursday.

Contracts of dry cocoon fell 200-300 Yuan per ton. Contract 10093 fell 200 Yuan to close at 87,200 Yuan per ton and contract 11033 fell 400 Yuan to close at 87,600 Yuan per ton.

The price trend of autumn cocoon are like those witnessed for spring cocoon. The price rapidly rises in early times after the opening price, but quickly falls back to a stable level.

Off course, it all depends on the actual cocoon production and another important factor is how far, the price of raw silk can carry on. Now export price has increased from US $47 / kg to $50/ kg, directly reaching the bottom line of Indian psychological price.

Raw silk contract 10093 fell by nearly 3,100 Yuan on the day to close at 338,000 Yuan per ton. The main contract 11033 opened at 330,000 Yuan but closed at 324,200 Yuan, down 6000 Yuan from the previous day.

Looking from a technical point of view, contract 10033 formed a new head and shoulder formation after it hit 330,000 Yuan. Although the market was in resonance of declined external markets, the possibility of a technical correction in raw silk prices could not be neglected.

Fibre2fashion News Desk - China

Must ReadView All

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...

Courtesy: Gucci/Pantone

Textiles | On 9th Dec 2016

Pantone announces greenery as colour of the year 2017

Pantone, an X-Rite company and the global authority on colour and...

Textiles | On 9th Dec 2016

Heimtextil to host 230 exhibitors from 28 countries

Close to 230 exhibitors from over 28 countries are expected to...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

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

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

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Kai Poehler
Voith Paper GmbH & Co. KG

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Wendell Rodricks
Wendell Rodricks

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Igor Chapurin

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

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