Views: 0 Author: Site Editor Publish Time: 2023-04-03 Origin: Site
For polyester yarn, polyester/cotton yarn and other varieties, the silver lining was that the inventory was reduced to a low level before the holiday, and spinners were in no hurry to conclude new deals in order to exchange for capitals. So the price decline of polyester yarn and polyester/cotton yarn was smaller than that of raw materials, yet, the work resumption of those yarn mills was slower compared with previous years. The Spring Festival holiday lasted for about a month this year, and some workers still haven’t returned to their works. In previous years, the operating rate of yarn mills after the Lantern Festival could reach 70-80%, yet that of this year was only 50-60%. But the inventory accumulation slowed down as a result.