Home / Knowledge / News / Textiles / Raw silk prices still on ascending mode
Raw silk prices still on ascending mode
Sep '10
As the Mid-Autumn Festival is approaching, the second batch of autumn cocoon is continually arriving in the market in Guangxi province. Purchase price is still strong; cocoon silk price is also on high level, being supported by high purchase price of autumn cocoon.

Dry cocoon contracts received mixed reactions yesterday, while raw silk contracts closed higher across the board. Nearby week contract 094 of dry cocoon fell 800 Yuan to close at 86,000 Yuan / ton, contract 10103 rose 200 to close at 88,600 Yuan / ton.

Dry cocoon contract 10113 fell 500 Yuan to close at 88,000 Yuan / ton, contract 10123 rose 600 Yuan to close at 88,000 Yuan / ton and contract 11033 rose 500 Yuan to close at 90,000 Yuan / ton.

Nearby week contract 094 of raw silk rose 1500 Yuan to close at 339,500 Yuan / ton, contract 10103 rose 2100 Yuan to close at 339,200 Yuan / ton, contract 10113 rose 1200 Yuan / ton, contract 10123 rose 6000 Yuan / ton, the main contract 11033 rose 3100 Yuan to close at 333,900 Yuan / ton, forward month contract 11093 rose 1900 Yuan to close at 319,500 Yuan / ton.

Guangxi is experiencing continuous high temperatures in recent days and the possibility of outbreak of silkworm disease has greatly increased. Some cocoon production areas have reported that, autumn cocoon output may reduce sharply, this year.

New cocoon in Zhejiang area is poor in quality; therefore, market price will be affected by any sign of disturbance or trouble.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 28th Apr 2017

Continue existing Duty Drawback, ROSL scheme post GST: TEA

Tiruppur Exporters' Association (TEA) has made requisitions to...

Apparel/Garments | On 28th Apr 2017

Deckers Brands starts review of strategic alternatives

Deckers Brands, a global leader in designing, marketing and...

Courtesy: Adidas

Apparel/Garments | On 28th Apr 2017

Adidas, Siemens initiate joint research programme

Adidas and Siemens are initiating a joint research programme for...

Interviews View All

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Amardeep Singh
Orient Craft

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Suresh Patel
Sidwin Fabric

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Pranav Mishra

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

Yash P. Kotak
Bombay Hemp Company

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

Wendell Rodricks
Wendell Rodricks

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

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


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search