Wednesday, February 15, 2006

Chinese textile prices rise

Statistics from the People's Bank of China show that producer prices for textiles grew by 0.4% month-on-month in December 2005, and by 1.1% year-on-year.
Specifically, cotton textile prices had a monthly rise of 0.2% and a yearly growth of 1.4%, while woollen textiles rose 0.1% month-on-month but fell 3.8% on a yearly basis, reported Xinhua.

Spun textiles prices increased by 1% month-on-month and 4.4% yearly, while knitwear grew by 0.6% on a monthly basis and by 0.2% year-on-year.

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