Downtrend of Grey Fabric Speeds Up
Recently the downward trend of grey fabric speeds up.
Compared with previous high prices, cotton grey fabric and rayon grey fabric prices decline substantially and some decrease by 1.50-2.00yuan/m.
The higher prices of JC60S×JC60S 90×88 64" 1/1 fine cloth (true selvedge) produced in Shanxi and Jiangsu were at 11.00yuan/m in previous time but decline to 9.60-9.80yuan/m currently, C40S×40S 133×72 63" poplin produced in Shandong and Hebei decline from 13.50yuan/m to 11.50yuan/m, C32S×21S 133×80 67" 2/1 high density middy twill (jet) produced in Anhui decline from 16.50yuan/m to 15.00yuan/m, and R60S×60S 90×88 65" fine cloth (jet) decline from 10.00-10.50yuan/m to 9.50yuan/m. Due to the mixed offers , some plant in Hebei, Henan and Shandong have stopped offering with dull transactions.
$1=CNY6.66