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Market dynamic: cotton prices plunged

Cotton prices from early march has recently set a top $2.1 a pound big adjustments, now $1.5 a pound, down 30%. Earlier, cotton prices at the bottom of the early 2009 s $0.4 surging more than four times as much. As noted, considering the current MianJia is still in early 2008 to 90% higher still, high cotton a win many other commodities, run such as oil, copper, and gold. ...

Source "the Chinese textile nets"

Edit: lara

time:2011/6/14
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