Recently the market atmosphere of cotton fabric is weak and both sales and prices decline substantially. The offers for C40S×40S 133×72 58" dyed fabric produced in Shandong decline from 15yuan/m to 14.3yuan/m, C20×16S 128×60 58" dyed fabric produced in Zhejiang decrease from 21yuan/m to 19.5yuan/m, and T65/C35 32×32 130×70 58" dyed fabric drop from 14.8yuan/m to 13.8yuan/m. In later period, due to the decreasing demand and sales, prices will continue to keep downtrend.

Facing the situation of limited orders and unsmooth producing, fabric plants are under large pressure. The operating rate has declined somehow and will probably continue to decline.

$1=CNY6.68

source:CCFGroup.com