Price of dry cocoon plummets in October
26
Nov '08
Nov '08
According to silk monitoring system of the Ministry of Commerce, in October, the average price of dry cocoon in domestic market stood at 46.41 yuan per kilogram, down 11.0 percent from September and 4.5 percent from the same period last year.
After entering the second half of this year, there is a month-on-month decline in the price of dry cocoon. In the month of October, the prices fell 11 percentage points higher than that of previous month.
During this period, domestic raw silk yarn price fell sharply; of which, the average price of 3A (product level) was quoted at 176,360 yuan per ton, down 6.6 percent from September, and 2.4 percent from the same period year earlier.
5A raw silk yarn price was quoted at 190,760 yuan per ton, 4.7 percent lower from September and 3.8 percent from the similar period previous year.
After entering the second half of this year, there is a month-on-month decline in the price of dry cocoon. In the month of October, the prices fell 11 percentage points higher than that of previous month.
During this period, domestic raw silk yarn price fell sharply; of which, the average price of 3A (product level) was quoted at 176,360 yuan per ton, down 6.6 percent from September, and 2.4 percent from the same period year earlier.
5A raw silk yarn price was quoted at 190,760 yuan per ton, 4.7 percent lower from September and 3.8 percent from the similar period previous year.
Fibre2fashion News Desk - China
Must ReadView All
Apparel/Garments | On 24th Mar 2019
Barclaycard and Alipay become partners
UK-based Barclaycard and Alipay have become partners which will allow ...
Apparel/Garments | On 24th Mar 2019
True Fit to reach 100 million registered users mark
True Fit, the data-driven platform that made the industry's Fashion...
Information Technology | On 24th Mar 2019
Ecutopia & Jesta form supply chain optimising platform
Ecutopia, a powerful platform that enables collaborative trade and...
Interviews View All
Top executives
Textile industry, India
Such fairs are a must for industry to showcase new innovations
Headhonchos
Indian textile value chain
Adopt innovative techniques, go for automisation rather than being...
Siddharth Biyani
Mangalam Industries Pvt Ltd
‘The manufacturing sector is improving day-by-day, becoming better in...
For.Tex is an Italy-based leading producer of dyes and thickeners, and is...
Fabusse is a Lebanon-based fashion agency that offers a variety of...
Founded in 1999 by Navin Patel in the name of Tejas Fabrics with 100...
Silke Brand-Kirsch
Schlegel und Partner
Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...
Johan Berlin
InvestKonsult Sweden AB
Investkonsult Sweden AB has been buying and selling second-hand textile...
Eric Scholler
Groz-Beckert
The Indian market has huge potential in technical textiles, and by far,...
Nisha Chanda
Whistling Woods International School of Fashion
<div>A lack of upgraded courses in costume designing and fashion as per...
Judy Frater
Somaiya Kala Vidya
Among the many honours showered on Frater, including Fulbright and Ford...
Amiben Shroff
Shrujan
From its modest beginning in the late 1960s, Shrujan has grown into a...
Leave your Comments
Recommended
