Demand rigid demand grows and replenishment has potential to improve

The operating rate of fabric mills was low now but has increased slightly in some regions with eased pandemic prevention and control policy. Rush orders for some circular knitted rib fabrics grew and the production of single-faced LYCRA fabric and cotton/spandex air covered fabric also increased. The operating rate of warp knitting plants slightly rose, especially warp knitting plants in Haining with 10 percentage points of run rate increment. Demand for KN95 and N95 mask surged recently with alleviated pandemic prevention and control policy, which stimulated sales of spandex 70-280D. Ordinary mask still mainly used spandex 35D-70D with not very high quality, but some turned to adopt quality spandex after the inventory of spandex with inferior quality was lowered.