The operating rate of downstream fabric mills edged down gradually

The operating rate of downstream fabric mills edged down gradually. In the first half of Jan, some fabric mills in Guangdong adjusted up run rate to deliver pre-holiday orders, improving overall trading sentiment in early Jan. Around Jan 20, the mills shut down for holiday gradually and the operating rate plunged. After the holiday, large fabric mills resumed production earlier around Feb 8 and small and medium-sized ones mostly postponed the restart until Feb 15