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2010-12-10
Due to the weak demand, sales of cotton fabric keep dull and prices continue to decline. The offers for C20×16S 128×60 58" dyed fabric decrease by 0.5yuan/m again to 18.5yuan/m.
Downstream plants continue to hold wait-and-see stances. Although orders of some products increase somehow, plants are reluctant to recieve according to the low margins. In Xiaoshan and Shaoxing, printing and dyeing enterprises with low operating rate mainly produce for previous orders and some plants gain more orders.
$1=CNY6.66
source:CCFGroup.com
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