Fabric Market Morning Express (Dec 7, 2010)

Cotton fabric market keeps downtrend and plants continue to reduce offers by 0.5-1yuan/m. The prices of C40S×40S 133×72 58" dyed fabric produced in Zhejiang decline by 0.5yuan/m again to 13.6yuan/m, C21S×21S 108×58 58" dyed fabric produced in Shandong decrease from 16.5yuan/m to 15.8yuan/m, and T/C65/35 21S×21S 108×58 58" dyed fabric drop from 14.5yuan/m to 14yuan/m. As the overall demand keeps weak and sales are dull, in later period, the market is supposed to keep downtrend.

$1=CNY6.66

source:CCFGroup.com