Survey on inventory operating rate and orders of cotton yarn mills

Recently, cotton yarn market partly improves, but the price stays stable to weak. Most cotton yarn mills put a priority on selling. CCFGroup started a survey on inventory and orders of cotton yarn mills from mid-Aug and the results are partly shown as follows. From the table below, it can be seen that the inventory of some varieties has reduced effectively, the orders turn better slightly and in the meantime, the operating rate is expected to recover. Market players still hold anticipation to the coming peak season in Sep and Oct to some extent.