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China Home Textile Terminal: Helpless To Force New Channels

2010/7/14 7:21:00 49

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Cotton Prices Rise, Textile Industry Suffers

"With the end of the first batch of replenishment in the European and American markets in 5 and June, the order of textile enterprises has been decreasing, while cotton prices have soared in the last two months, and the profits of textile enterprises have been eroded further." Zhu Yong, President of Shanghai Textile Holding Group Company, said recently.