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Electronic market prices fluctuated within small ranges and closed higher mildly today. October raw silk closed at 211700 yuan, with anticipated delivery volume (position also called) reaching 558 hands. Active March’ 06 dried cocoon hit the high of 67400 yuan and closed at 67300 yuan, with 604 hands were traded. Prices rose difficultly under the enlarged pressure from new selling energy and profit-taking actions of buying side.

Currently, the purchase price of fresh cocoon in different regions ranged between 1000 yuan and 1250 yuan per 50kg, thus the net cost of raw silk per ton exceeding 190000 yuan.

　　　　　　　　　　　　Change 　　　Range 　　Net position
Raw Silk for Oct. 2005　　　 900yuan/ton 210800---212300　558
Raw silk for March 2006　　 1800yuan/ton 211700---213500　1732

Dried Cocoon for Oct. 2005　 200yuan/ton 64200---64800　 18
Dried Cocoon for March 2006　 300yuan/ton 66000---67100　　2328