Grey Fabric Market to Wait and See

Recently, as cotton prices fall down somehow, the overall cotton textile market tends to be stable and grey fabric plants mostly hold wait-and-see sentiment.

Although cotton grey fabric prices remain rising, the increment is limited because the prices are high already. Currently the higher prices of 40S×40S 133×72 63" 1/1 poplin produced in Hebei and Shandong are at 13.00-13.50yuan/m, 21S/2×10S 72×40 63" 1/1 canvas produced in Henan and Hebei at 21.00yuan/m, JC60S×JC60S 90×88 64" 1/1 fine cloth (true selvedge) produced in Shanxi and Jiangsu at 10.50-11.00yuan/m.

$1=CNY6.62

source:CCFGroup.com