spun polyester yarn sewing thread for garments fashion industry
LQ-0412
spun polyester yarn sewing thread for garments fashion industry
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In February, affected by the outbreak of new crown virus, the spot trade of domestic cotton was basically stagnant. In the second half of the month, some textile enterprises started operation. The production of cotton was mainly to digest the inventory before the year, and the market transactions were rare. At the end of the month, commercial inventory decreased only slightly, which was smaller than that of last month. According to the survey data of 152 cotton delivery and supervision warehouses, social warehouses, bonded area warehouses and processing enterprise warehouses in 18 provinces and cities by cotton logistics branch of China Cotton Association, at the end of February, the total commercial inventory of cotton in China was about 4.9726 million tons, a decrease of 39300 tons compared with the previous month, a decrease of 0.78%, a decrease of 2.58% compared with the previous month, and the inventory was still higher than that of 407400 tons in the same period last year.
