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Textile Index Indicates Weaker Conditions
Source: globecotnews Date: 2007-11-22
China's weekly textile index took a plunge during week ending November 16, with the overall price index falling .51 percent to 97.13. This weakness occurred in the apparel price subindex, down 1.18 percent at 98.08, and the accessories index, down .90 percent at 103.41. This downturn reverses the price strength exhibited during the previous week.