Domestic textile exports fell sharply

The global economic recession led to a sharp decline in textile exports, which brought cotton enterprises winter. A lot of people in the trade said that the current demand can not be fundamentally changed the situation, the country has become a cotton Shouchu rate of life-saving straw.

Since the red in March this year to a record high, cotton prices began to fall all the way, Shirupozhu. Nearly a week since the cotton price is repeatedly hit an all-time low. November 12, the Zhengzhou Commodity Exchange 0901 cotton futures contract hit 10,080 yuan / ton to a record low, from 10,000 yuan / ton mark only one step away.