Circular dated on September 19th, 2006 regarding the adjustment of Daily Price Limit
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2006-09-20 09:28:00
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Circular dated on September 19th, 2006 regarding the adjustment of Daily Price Limit
China Cocoon & Silk Exchange
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Circular to all members of the Exchange
Date:September 19th, 2006
Subject:Adjustment of Daily Price Limit
Please be informed that in accordance with Letter No. 14,2006 issued by National Cocoon & Silk Coordination office and relative regulations of the Exchange,the extent of daily price fluctuation will be adjusted to 600 yuan per ton for Dried Cocoon and 1800 yuan per ton for Raw Silk, either rise or fall in prices as against the close prices of previous days. This notice will come into force as of September 20,2006 (Wednesday) until further notified.
China Cocoon & Silk Exchange