The reduction speed of stocks on downstream market accelerates since Oct.

The reduction speed of stocks on downstream market accelerates since Oct.
Stocks of grey fabric accumulated in Sep and the operating rate of fabric mills rose. In Oct, stocks of grey fabric declined by around 6 days, and players became more cautious in restocking. Some plants cut run rate during the National Day holiday, but the operating rate of fabric mills rose in end-Oct as the delivery of partial orders was intensive.