December 26, China’s cotton price index (CC Index328) to 10,925 yuan / ton. Judging from the price of seed cotton last year, catty of 3.5 million, currently only 2.3 million, cotton price fell by 35%. Huafang Textile is the main raw material for cotton, cotton price decreased cost 1.5 billion yuan, to some extent alleviate the performance drop, according to a notice of performance in 2008 will remain at 0.08 yuan per share, two dollars more than the price marked underestimated.

From the secondary market trend, the Unit out of the triple at the end of form at the bottom of a larger effort to support. After two trading days after the full poised yesterday turnover doubled to enlarge, pull away from the cost of the wishes of the district is very strong, having the space has been opened up.