Raw Silk 15

According to “Young Times” reports “Financial Times” recently reported the Lyon silk merchant Christian’s troubles, as rising prices of silk, Christian business increasingly difficult.

    Hangzhou in the thousands of miles away, happy to go treasure silk line has also quietly changed the most pretty silk pajamas selling price?? From the 280 to the 305, which is already the first N times within one year of the price adjustment .

    In the back is silk raw material?? Raw silk prices all the way up, now approaching the highest point in 15 years. In fact, prices of raw silk, the feel upset not only Christian, and brought the tie industry, Zhejiang almost forced into an impasse.

    Raw silk prices have been rising

    It is reported that around 70% of silk from China, while about half of silk from China Zhejiang.

    Zhejiang Silk Association Secretary-General Wang Wei told reporters, as raw silk silk raw material prices had remained at 2003 120 000 / tons of historically low, then up Mengjin, hit twice in 2006, 270 000 / ton for 15 years high, then all the way down, touch the end of 2008 under the 14 million / ton low, the re-up so far, now near the record set in 2006.

    “Sericulture and pig like. Good times, people flock to cut the price to fight off competition. So we are frustrated, make way, the market demand, but prices up the.” Insiders tell reporter.

    Silk pajamas keep prices

    Yangzhou to Hangzhou side will take the core Gesanchaiwu relatives trip, every time the silk road in the stadium should the city message after several silk handkerchief. Can take much more about a few years ago under the price, but along the same store last year: 10 1, article number.

    “Raw materials rose too ruthless, the product is not up can not.” Silk Manufacturing Co., Ltd. Hangzhou Yuhang Lu Bin told reporters, raw silk silk raw materials account for general 70% of the total cost, but 14 if by the end of 2008 tonnes of raw silk, now approaching 27, if tons, nearly double. “Flagship of the company for silk scarves, 20 yuan by the end of 2008 but one, though now risen to around 25 yuan, but the sharp drop in profit was.”

    “Seems to have to up the price of getting goods, and we intend to follow the price adjustment.” Silk pajamas, a city store owner told reporters.

    Shengzhou trouble

    Say sericulturist raw silk market is a beneficiary of this wave, then the tie industry in Shengzhou prices of raw silk has become the “victim.”

    Wang Wei told reporters that the silk industry usually has a “50% rule”: the rate of increase in raw material delivered to the consumer about 50% of the hands of a reasonable price, since 2008, prices rose nearly twice as silk, silk prices generally rose 30% -50%, but its trade ties other than those. Shengzhou Association’s learned from, even though the cost of occupying 70% silk tie prices to double, but two years, the export price of only tie up about 10%.

    “No profit in a long time ago.” Bisquit Shengzhou neckties fashion Miss Yu told reporters, raw silk prices before profits can be maintained at about 10%, now largely rely on the tax rebate to ensure this. The largest tie company Shengzhou?? Barbados Zhong International Trade Group also told reporters the text column, Since 2008, the prices of exported tie only on the basis of 2.4 U.S. dollars, up 0.2 U.S. dollars. The loss not a loss, he said that was not clear, but “the situation of small plants should be worse.”

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