Recently in parts of southern China textile mill business still difficult, because the product inventory serious, floating capital general is relatively nervous, in order to keep running, textile mill in succession depreciate sales promotion. By July 7, guangdong, fujian JC40S sales price of cotton has fallen to 33500 yuan/ton, and cost hangs upside down; Cotton/polyester yarn price keeps falling, among them T65 / C35 cotton/polyester yarn in 21 a price 22000 yuan/ton, the actual transaction price is in 21000 yuan/ton below.

Source "the Chinese textile nets"

Edit: lara