Operating rate of fabric mills declined again this week

Operating rate of fabric mills declined again this week, down by 3 percentage points on the week, when the delivery of seasonal orders in May was finished and stocks of conventional grey fabrics faced high pressure. The operating rate of fabric mills decreased to 71% in Zhejiang and Jiangsu: around 80% for water-jet mills in Wujiang, near 90% in Changxing, around 80% in North Jiangsu; the run rate of warp knitting plants was at 80% in Haining and near 50% in Changshu; the operating rate of circular knitting plants was at 40-50% in Xiaoshan, Shaoxing and Changshu.