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ReturnLetter on concerning over the market transaction from State Cocoon & Silk Coordination Office
Author：
admin
PublishDate：
2007-10-18 17:09:00
Hit：
314
Date: Oct. 15th,2007
To China Cocoon & Silk Exchange and Guangxi Cocoon & Silk Exchange
According to enterprise sources, the abnormal phenomenon are noted in the electronic transaction of the two markets. Cocoon and silk prices dropped consecutively due to heavy speculation of some members. The whole industry shows great concern over the current situation. In order to review past lessons, curb over-speculation, promote the silk industry to develop in a healthy and stable manner and protect the interest of the industry, please raise great concern, do well the relative work and take risk control measures if necessary to serve the industry better.
To China Cocoon & Silk Exchange and Guangxi Cocoon & Silk Exchange
According to enterprise sources, the abnormal phenomenon are noted in the electronic transaction of the two markets. Cocoon and silk prices dropped consecutively due to heavy speculation of some members. The whole industry shows great concern over the current situation. In order to review past lessons, curb over-speculation, promote the silk industry to develop in a healthy and stable manner and protect the interest of the industry, please raise great concern, do well the relative work and take risk control measures if necessary to serve the industry better.
