As the cotton transportation and arrivals of new cotton is impacted by the epidemic, cotton inventory in spinning mills has been at a very low level, and spinners have to purchase high-priced cotton. But downstream demand is hard to support the yarn prices. After the National Day holiday, cotton yar
2. Cotton inventory in spinning millsMost mills replenished feedstock last week when cotton futures market fell down, and the purchase willingness weakened this week. According to CCFGroup, cotton inventory in medium and large mills is at 40-60 days, and that in medium mills is 25-35 days. The cotto