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The operating rate of downstream weavers which use imported cotton yarn as raw materials moved down at first and then rose in Dec. In the second half month, it increased along with the improvement of orders, but only limitedly. The resurgence of COVID-19 pandemic in Shaoxing, Shangyu, Ningbo and Han
Thirdly, downstream weavers withdrew capitals late, so the replenishment plan postponed.In earlier stage, the weavers basically purchased for pressing demand, and the overall inventory of yarn was limited, so it was necessary to prepare goods for consumption in the coming year. Recently, the trading
