As Of The Beginning Of July, The Cotton Industry Inventory Decreased Month On Month, And The Production And Sales Rate Of Yarn And Cloth Increased
According to the sampling survey conducted by the national cotton market monitoring system, as of the beginning of July, the average cotton inventory days of the sampled enterprises were about 32.8 days (including the quantity of imported cotton), which decreased by 4.6 days on a month on month basis, and increased by 1.3 days on a year-on-year basis. It is estimated that the National Cotton Industrial inventory is about 630000 tons, a decrease of 12.6% month on month and 8.6% year-on-year. The inventory status of cotton industry in major provinces of China is different, and the days of cotton industry inventory in Hebei, Fujian and Shaanxi are relatively large. The cotton purchasing intention of the enterprises that did not plan to purchase decreased by 3.5%, accounting for 3.5% of the total cotton purchasing intention, accounting for 3.5% of the total cotton purchasing intention, accounting for 3.5% of the total cotton purchasing intention, accounting for 3.5% of the total cotton purchasing intention, accounting for 2.5% of the total cotton purchasing intention.
At the beginning of July, the yarn production and sales rate of the enterprises surveyed was 89.8%, with a month on month increase of 4.3 percentage points, a year-on-year decrease of 1 percentage point, and a decrease of 6.1 percentage points compared with the average level of the same period in recent three years; the inventory was 24.4 days, and the sales volume decreased by 4.8 days month on month, 4.7 days lower than the average level of the same period in recent three years, 4.6 days higher than the average level of the same period in recent three years. The production and sales rate of cloth was 86.2%, up 1% month on month, 5.6 percentage points lower than the average level of the same period in recent three years; the inventory was 42.5 days, the sales volume decreased by 3.5 days on a month-on-year basis, 6.7 days lower than the average level of the same period in recent three years, 0.7 days higher than the average level of the same period in recent three years.
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