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Warning & Forecast
Out of Business,Climate Index Reduced
2010-02-04

Though hot Winter sales still continued in January, but with the coming of close for year-end, most households had been ready for out of business in advanced, mainly due to the insufficient control for the information of short-term market conditions,reducd the cost of inputs, and looked forward to begin again after New Year. Textile City, Market will be open at the end of February, the market will gradually increase,the recovery of market circulation is slow.

Near the end of the year, Textile City Market will be out of business in early February, market begin to deserted gradually. In the next week, due to the settlement of year-end and the increases of costs, the market operators will face financial constraint. Recently the main purpose of sales are that as much as possible to reduce stock andwithdrawn funds quickly. At the same time short-term transactions before New Year, the majority of operators have expressed that it was difficult for them to accept orders and have been ready for closing in advance. The prices of various fabrics will be lower significantly, orders have stopped basically ended,the increase of purchasing stock will be a little.


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