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Special Warning(ⅲ) from State Cocoon & Silk Coordination Office
Author:
admin
PublishDate:
2007-03-07 09:50:00
Hit:
358
According to enterprise source, some speculators distributed state reserve fund shortage rumors and induced silk reeling mill’s large selling in the market.

Raw Silk State Reserve Policy is an important means to enhance macro-control, stabilize cocoon and silk prices, balance supply and demand and promote the silk industry to develop in a healthy and stable manner. The State Cocoon & Silk Coordination Office announces the firm determination to maintain the healthy development of the industry.

The office hopes enterprises not to believe rumors or participate such spuculation, therefore not giving opportunities to speculators.

Source: State Cocoon & Silk Coordination Office
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