The Archive · 1930

Artificial Silk Yarn

It is reported that shipments of quantities of artificial silk yarn are being attempted to Shantung centres of distribution, These being watehied with great inter-with the hope that this market will be soon open to take good However, with the drop)

the original buyers refuse to pay contracted prices and will only clear at market rates, Increasing imports from Japan tend further to weaken values. Italian producers have cut their prices and are offering very low limits for new business.

In yew! of their big stocks here and an almost entire absence of demand, action seems contrary to their own interests. A cessation of shipments until the market improves! and no red prices would] steady the market,

Text read from the printed page and cleaned; old type leaves the occasional error.

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