As for fabric manufacturing market, sales have been very poor

As for fabric manufacturing market, sales have been very poor in recent half a month although stocks declined earlier. Stocks of grey fabric accelerated mounting. According to the survey made by CCFGroup, the operating rate of downstream fabric mills in Haining, Changshu, Xiaoshan and Shaoxing was falling, disfavoring rigid demand for polyester fiber. Actually, falling feedstock prices discouraged sales of polyester fiber too. Downstream buyers presented strong sidelined attitude and would rather cut the run rate than hoard up stocks.