Fabric Market Morning Express (Dec 29, 2010)

Recently the sales of cotton fabric are tolerable and prices tend to be stable. The demand for drill, poplin and twill recovers somehow and enquires increase. The offers for OEC21S×21S 108×58 58" dyed fabric produced in Shandong are at 14.2yuan/m, C40S×40S 133×72 58" dyed fabric produced in Zhejiang at 12.9yuan/m, and C32S×32S 130×70 58" dyed fabric produced in Hebei at 15.2yuan/m.

As upstream feedstock prices mainly keep stable, the market atmosphere of cotton fabric is supposed to recover and prices to recover somehow, but the substantially rebounding will be hard to appear.

$1=CNY6.62

source:CCFGroup.com