Although ICE and ZCE market recover somehow, the overall domestic cotton market keeps dull and yarn prices continue to slip down. Medium and small plants reduce offers by 1000-2000yuan/mt again. The market prices of cotton yarn 32s for knitting are at 34000-35000yuan/mt while cotton yarn 40s for knitting at 36000yuan/mt with sufficient spots. Small plants quote combed cotton yarn 40s at only 42500-43000yuan/mt and better at 44000yuan/mt.

$1=CNY6.66

source:CCFGroup.com