Grey fabric producers witness weakening profit after PFY price increased

The inventory of DTY, yarns and grey fabrics is mounting in Jun. Grey fabric producers witness weakening profit after PFY price increased. The recouping of capital is a problem in the middle of year. Coupled with the coming of heat summer, downstream plants may face bigger pressure to lower run rate. Some plants' run rate will be supported by orders at hand in short run. New orders are diversified among companies: new orders for knitted fabrics are weaker and those of water-jet fabrics are moderate.  Imitation acetic acid and cotton-like products perform better