Spot prices reached new high (Jan. 1-13, 2006)
Author:
admin
PublishDate:
2006-01-13 16:54:00
Hit:
522
In spot market, prices continued to move up. machine-reeled more and more silk reeling mills have had to be shut down.
Meantime, in CCSE electronic contract market, trading of back delivery months attracted more concern. The trading became more active and trading volumes enlarged compared to last year-end. The corresponding divergence occurred toward prices after May 2006 when current spot prices hit new high. However, traders kept relatively optimistic toward 2006, meantime, there are too many uncertain factors in the later time.