Views: 0 Author: Site Editor Publish Time: 2022-11-29 Origin: Site
Covid-19 epidemic has appeared in Xinjiang since August. Some cotton yarn mills suspended production or implemented the enclosed management, but had little influence on the overall market. Epidemic condition became worse during National Day and confirmed cases increased in many places of Xinjiang, making control measures be upgraded. According to CCFGroup, cotton yarn mills in places including Aksu, Korla and Shihezi stopped production or implemented enclosed management. The operating rate in Xinjiang slipped greatly and cotton yarn production declined obviously. Besides, further reduction of production was expected due to some reasons such as the increasing difficulty of cotton procurement. So how much impact does the epidemic in Xinjiang have on cotton yarn market?