In November, the price of Jiangsu and Zhejiang silk alliance collapsed.Slik were easily rotten could not be long storaged.Consequently, Hu Xueyan have started to sell,resulting price plummeting.

• 11月，江浙丝商的价格同盟瓦解，生丝易烂，不能久储，胡雪岩不得不开始抛售，价格一路狂泄，损失以千万两计。