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Cotton Grade 3 Price Stabilizes

2010-12-2

Pulled up by futures market rebound, cotton enterprises inland begin to suspend offering on high-grade Xinjiang cotton. Most cotton enterprises take bullish attitude on future market. Meanwhile, drops pace of cotton spot gradually slow down. Prevailing offer for grade 3 temporarily stabilizes at 26000-26500yuan/mt. 

 

source:CCFGroup.com  

 
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