Home / Knowledge / News / Textiles / Cocoon & raw silk trends extend gains
Cocoon & raw silk trends extend gains
25
Mar '11
On March 24, cocoon and silk markets in Guangxi province closed on positive note registering price rise in most of the segments. Markets extended high-level consolidation and climbed further mainly due to news of rise in exports.

Though dry cocoon markets remained deserted and more than half the contracts failed to attract attention, still prices registered upward trend.

Dry cocoon May contract 053 witnessed price rise by 1,500 Yuan, closing at 116,000 Yuan per ton while main September contract 093 rose 1,400 Yuan, closing at 110,200 Yuan.

On the other hand, raw silk market witnessed some activity and several contracts closed slightly higher. While nearby week contract 034 was up 300 Yuan closing at 391,800 Yuan per ton, April contract 043 registered a rise of 300 Yuan, closing at 392,700 Yuan.

September contract 093 recorded rise of 200 Yuan, closing at 363,800 Yuan per ton.

China's total textile and apparel exports were worth US $32.06 billion for the first two months of this year, up 13.56 percent on year to year basis. Though, the growth rate significantly came down from 38.58 percent in January, overall export environment of China's textile sector is still positive

At present the only bad news is from the mulberry crop segment. Due to colder weather for last few months, growth of mulberry is not satisfactory in China. In addition to that, sericulture conditions are still immature. Because of these factors, arrival time of spring cocoons to the market is expected to be delayed.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

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

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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