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Orders lacked, and the market was not likely to improve greatly.
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Orders lacked, and the market was not likely to improve greatly.

Views: 1     Author: Site Editor     Publish Time: 2023-01-05      Origin: Site

New orders in fabric mills decreased largely since the second half of Sep, and now orders of fabric mills were at low level. It was heard that export orders for autumn and winter next year began to be sold with few quantities, but domestic orders slipped further after Double Eleven. The inventory in fabric mills moved up, and the operating rate slipped amid the lack of orders and high level of inventory. After entering into Dec, more fabric mills will gradually be on holiday in advance. According to current condition, market was hard to improve largely. However, fabric mills may stock up few before New Year amid the expectation on released epidemic control in China.

Cotton yarn mills were at loss again, and more mills may reduce and suspend production.


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