Monday, April 24, 2017 4:18:50 PM
World Leaders In Silk Production
Rank Country Silk Production (in metric tonnes)
1 China 146,000
2 India 28,708
3 Uzbekistan 1,100
4 Thailand 692
5 Brazil 560
6 Vietnam 420
7 North Korea 320
8 Turkey 32
This page was last modified on July 12, 2016.
By Rolando Y. Wee
For giggles, lets just say one of Vietnam's 58 provinces can produce 20% of their country's annual gross production of silk.
(MS/DS)
420 MT X 20 % = 84 metric tonnes. 1 metric tonne = 2,204 lbs.
84 x 2,204 = 185,220 lbs... 118,220 x using your $30 number for MS
WE get $ 5,556,600 @ a 2% royalty = $111,132
Then if being generous we were to deduct overhead expenses, plus things like a 2 % payouts to UW + ND., our cut would be approx.
$111,132- $5,556= $105,576
Now a .02 cent annual div. on lets say 2,000,000 shares = $40,000
Does that sound about right? Or were you looking at a much higher
% of sales by VN.?
If my math is off, OOPS!...sorry.
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