Stocks of grey fabric declined early in Haining and market remained firm now

Haining
Stocks of grey fabric declined early in Haining, and market remained firm now. Operating rate of warp knitting plants in Haining remained above 90%, unlikely to suspend production temporarily, as many plants saw sufficient orders at hand. Intensive production suspension may appear in late-Dec or early-Jan. Stocks in Haining are lower than those in other regions, and the inventory burden may be not too big after the Spring Festival holiday. Mills in Haining are expected to show high production activity and moderate buying interest before the Spring Festival holiday.