From the recent orders of cotton grey fabric mills, there were new small post-holiday orders

From the recent orders of cotton grey fabric mills, there were new small post-holiday orders. Compared with the current spot market with relatively good trading mood, the downstream post-holiday orders have not improved significantly. Although the post-holiday finished product inventory slightly reduced, the overall was still high, available for one month. At the same time, the downstream weavers basically were shutting down for Lunar New Year holidays, so operating rate continued to decline. There were also other factors that entered into the market.