Consolidated cautiously(April 8-14,2006)
Author:
admin
PublishDate:
2006-04-14 17:15:00
Hit:
483
Given the effect last month’s plummet had on the sentiment, the spot market on CCSE chose to consolidate in low volume this week. White reeled filature market showed quiet and flat and prices corrected. Many players felt uncertain about the market performance.
In CCSE electronic market, prices rose marginally. Key Sept. Dried Cocoon touched highest 73100yuan and closed 7170yuan per ton, up 1000 yuan compared to last weekend. Key Sept. Raw silk touched highest 229400 yuan and closed 225800 yuan, up 6600 yuan per ton.