China Textile City Trading Express(11 Nov 2010)
In China Textile City, the trading volume of fabrics increases to 6.53mln meters (chemical fiber fabrics 5.47mln meters and cotton fabrics 1.06mln meters). 100% cotton fabric, T/C fabric, T/R wool-like fabric and rayon fabric turnover are 0.36, 0.17, 0.39 and 0.03mln meters.
As some suppliers stop receiving new orders, the spots increase and the trading volume recovers. Today, the sales of knitting fabric for leisure clothes are favorable and the volume of sales to Guangdong increases. Due to the rising prices of feedstock and tight supply, downstream printing and dyeing plants are hard to get orders and continue to raise offers. Currently the prices of C40S×40S 133×72 58" dyed fabric produced in Shandong are at 15yuan/m.
$1=CNY6.62
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