The values of Chinese raw silk, spun silk yarn and silk yarn exports have increased during the initial three quarters of 2011.
The export of raw silk earned US$ 213 million during January to September this year, registering a rise of 26.70 percent year-on-year. However, the volume of exports fell to 4059.68 tons during the period, a decline of 10.98 percent y-o-y. The average price jumped 42.33 percent y-o-y to US$ 52.36 per kg.
During the first three quarters of current year, China exported spun silk yarn worth US$ 94.893 million, a rise of 24.59 percent y-o-y. Volume-wise, the country exported 4020.55 tons of spun silk yarn during the period, showing a growth of 10.87 percent y-o-y. Average price of spun silk yarn, too, increased by 12.37 percent y-o-y to US$ 23.60 per kg.
The period under review saw China exporting silk yarn amounting to US$ 135 million, up 9.85 percent y-o-y. However, volume-wise, the exports declined by 24.99 percent y-o-y to 2436.19 tons. Average price surged by 46.44 percent y-o-y to US$ 55.24 per kg.
Fibre2fashion News Desk - China
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