The Archive · 1936

Again: Cotton and Yarn Price Rise

Shanghai, Feb. 15

Markets generally were lifeless during the week under review, except for Cotton and Yarn prices, which made a fair recovery after the deprecintion of the week before. The decision of the Scandinavian Cap Convention {to reduce prices for White and Coloured Cap by twenty shillings a ton, in order to compete with German and Japanese makers, and the fact that th latter makers are still unquoting Scandinavian makers Isa very typical example of cut-throat competition going on all over the world to-day and hampering trade recovery.

Text read from the printed page and cleaned; old type leaves the occasional error.

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