On November 9 (Thursday), at China Textile City, cash transaction volume evidently reduced, total cloth dealings continue to trend downwards with prices mainly stable.
Generally, clients were reduced at the cotton market; more dealings were done on credit. With higher temperature and weak restructure in varieties, the total transaction volume was moderately below the previous day, with prices from steady to tumbling.
According to MZA statistics, the total transaction volume of various staple fiber fabrics at the market was about 4.25 million meters, down about 50000 meters from the day before, about two million meters higher than 2.25 million meters of the same time in last year.
Industry source estimated that cotton market would continue to show a steady trend the next day.
Fibre2fashion, News Desk - China
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
