Fabric Market Morning Express (Nov 12, 2010)

Cotton fabric prices continue to edge up day by day and the increments of cotton poplin, drill, canvas and corduroy are large with the support of tight supply and robust demand. The prices of C40S×40S 133×72 58" dyed fabric produced in Shandong are at 15yuan/m, C20×16S 128×60 58" dyed fabric produced in Zhejiang at 21yuan/m and C16S×20S 44×134 58" dyed fabric (21) produced in Jiangsu at 22yuan/m.

In Binzhou, Jiangyin, Xingtai and Foshan, printing and dyeing enterprises are busy on work with the support of previous orders and refuse to get new orders. Influenced by the hiking prices of grey fabric and business risks, some fabric traders have stopped offering to wait and see.

$1=CNY6.62

source:CCFGroup.com