Shandong Weiqiao adjusts down its purchasing price for cotton by 200yuan/mt. The purchasing price for grade 3 cotton is to 31300yuan/mt.

It is said that lots of cotton is now transported to the textile mill now.

In Shandong, lower grade type 329 are quoted at 31200-31500yuan/mt, unchanged with yesterday, but cotton enterprises are apparently more active in selling.

source:CCFGroup.com