Pushed by the market demand and hiking prices of feedstock, offers in domestic grey fabric market continue to move up stably, but the substantial hiking slows down with heavy atmosphere of wait-and-see. In some vocational persons’ opinions, plants could prepare to sell goods, otherwise, once prices fall down, the spots will be hard to sell in time.

As prices of long staple cotton yarn continue to move up, grey fabric of medium and high counts prices also keep rising. The higher offers of JC60S×JC60S 90×88 64" 1/1 combed cotton fine cloth (true selvedge) are at 8.80yuan/m, JC80S×80S 90×88 64" 1/1 fine cloth (rough selvedge) at 9.50yuan/m and JC60S×C40S 173×120 118" 4/1 satin at 29.00yuan/m. But high-priced transactions are only a few and factual transaction prices are much lower than offers.

$1=CNY6.67

source:CCFGroup.com