Grey Fabric Transacted at Low Prices

As downstream customers take offers cautiously, the transactions of grey fabric on domestic market remain dull and prices continue to fall down.

In order to decrease inventories, some plants reduce offers substantially. The mainstream prices of JC60S×JC60S 90×88 64" 1/1 fine cloth (true selvedge) are at 9.60-9.80yuan/m, and transaction prices lower while the mainstream offers for R60S×60S 90×88 65" fine cloth (jet) are at 9.80yuan/mt and transaction prices at 9.50yuan/m.

$1=CNY6.67

source:CCFGroup.com