China's cotton textile enterprises in March opening rate remained high

China's textile industry steadily rebounded in October. Domestic market recovered quickly, market confidence increased, export market by the slow recovery of the international economy and other factors, orders to short single, small single-based, lack of sustainability. Overall, China's spinning, weaving enterprise opening rate is good. Domestic cotton price shocks downwards, textile enterprises on the replenishment of raw materials inventory. According to China's cotton early warning system survey of more than 90 fixed-point textile enterprises across the country, this month, textile output growth, finished goods and raw materials inventory are slightly increased. Of these, yarn production rose 8.6 per cent month-on-month and 1.1 per cent year-on-year in March. The output of cloth rose 6.5% from the previous month and 1.7% from the same period last year. During the same period, enterprise raw material inventory increased slightly. In March, China's textile enterprises stable start-up rate, short-term orders sufficient, but insufficient sustainability. As of March 31, textile enterprises in warehouse cotton industrial inventory of 696.1 million tons, an increase of 31.6 million tons. In addition, China's textile enterprises use Xinjiang cotton accounted for 87.86% of the total cotton, an increase of 1.08 percentage points last month, an increase of 2.71 percentage points year on year. (end)