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In the second of Nov, epidemic broke out in different regions of China, making main cotton yarn producing places including Shandong, Henan, Hebei and Hunan affected by it. The suspension of production in cotton yarn mills was always heard, making the operating rate of cotton yarn mills reduce contin
It can be seen from chart that cotton inventory in cotton yarn mills has already been at low level, and could only last for half a month. However, the normal averaged value is around 30days. In 2021/22 season, cotton inventory of cotton yarn mills narrowed constantly, and it gradually reduced from 4
In Jan-Sep 2021, cotton yarn mills obtained great profits, but from Oct, the profits shrank quickly and then moved to the territory of losses. Currently, cotton yarn C32S still suffered prompt losses of nearly 3,000yuan/mt, about 1,000yuan/mt higher than the largest losses seen in Sep 2020 when many
Cotton yarn mills and weavers recently lowered run rate. Some weavers even suspended production and took holiday in advance. And more plants are planning advanced holiday.Despite high inventory pressure, cotton yarn mills still operated at a relatively high rate compared with quickly-dropped run rat
