China Fabric Market Daily (27 July 2009)
Source: news.alibaba.com Date: 2009-07-31
In China Textile City, the trading volume of fabrics reduced to 4.06mln meters (chemical fiber fabrics 2.87mln meters and cotton fabrics 1.19mln meters). Influenced by the rain, visitors were rare, and new orders were only a few. But distributors said that many buyers entered the market during last weekend, and they though that the trading volume would recover apparently in Aug.
Small-lot deals for 100% cotton twill, canvas, and tussores which were used to make working suits were favorable, to sub-distributors. 100% cotton bed clothing fabrics from yarn 30S-40S saw slow-paced sales, and distributors had high inventory. The demand for rayon fabrics plummeted, and the daily trading volume waned gradually; large distributors sold about 4-5km per day, while it was nearly 100km during the peak season.
Producers in Hangzhou and Shaoxing, Zhejiang received tolerable orders for men's shirt fabrics. Dyed 100% cotton oxford was offered at 13yuan/meter and 12.5yuan/meter respectively in these two areas.
