China Textile City Trading Express(21 Feb 2011)

In China Textile City, the trading volume of fabrics increases to 1.50mln meters (chemical fiber fabrics 1.28mln meters and cotton fabrics 0.22mln meters). 100% cotton fabric, T/C fabric, T/R wool-like fabric and rayon fabric turnover are 0.045, 0.025, 0.085 and 0.015mln meters.

Grey fabric market in China Textile City opened yesterday and customers purchased actively. Today, the sales of shirt fabric for men are favorable and the sales volume to Guangdong and Fujian increases. Cotton fabric sales keep slack but prices are firm. Some plants stop offering and the prices of C20S×16S 128×60 58" dyed fabric produced in Hubei are at 20yuan/m.

$1=CNY6.57

source:CCFGroup