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ReturnPrices on the rise (Jan. 14-20, 2006)
Author：
admin
PublishDate：
2006-01-20 16:43:00
Hit：
531
How high do prices have to rise to keep pace with current situation? This is the common question in the industry.
In response to the wide supply gap, this week cocoon and silk prices continued to climb. Machine reeled filature now rated above 290000 yuan per ton, the price again hit new high and hasn’t seen a recession yet so far. At the current moment, stocks are very light. The current market atmosphere suggests things could get pretty exciting while we are waiting to see if you are right about that.
