资讯 1 10 英文网 298 Stocks 591711 China Industrial Cotton Stock (Mar) 2020-04-14 15:18:48 yangfang
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China Industrial Cotton Stock (Mar)
2020-03-12

NCMMS reported that by early March, average industrial cotton stock held by sampled mills totaled about 55 days, including port arrivals. This is up 0.9 day from previous month and up 10.2 days from a year ago. 

 

Based on this assumption, NCMMS pegs national industrial cotton stock at 1.119 mil tons, down 0.5% from a month earlier and up 13.4% from a year earlier. Stock levels are various between provinces, with Shaanxi, Hunan and Jiangxi reporting the biggest stock this month.

 

By early March, 57.9% mills intend to purchase raw material, up 12.1 points from previous month and down 10.4 points from a year ago. 42.1% are undecided, down 5.8 points from previous month and up 15.3 points from a year ago. No one refuse to purchase, down 6.3 points and 4.9 points respectively.  

 

By early March, 96.5% mills maintain current cotton's share, down 3.5 points from previous month and up 5 points from a year ago. 1.8% intend to increase cotton's share, up 1.8 points and down 1.9 points respectively. 1.8% intend to reduce cotton's share, up 1.8 points from previous month and down 3.1 points from a year ago. 

 

By early March, 62.1% report a healthy financial status, up 9 points from a month ago and down 3.8 points from a year ago. 22.4% report a poor financial situation, down 10.2 points and down 3.2 points respectively. 15.5% report a very difficult financial situation, up 1.2 points from previous month and up 7 points from a year ago. 

 

By early March, 41.4% mills report a normal workforce, down 11.7 points from previous month and down 13.5 points from a year ago. 41.4% report a poor workforce, up 4.6 points from previous month and up 12.1 points from a year ago. 17.2% are in serious shortage of labour, up 7 points from previous month and up 1.4 points year on year.  


Sales ratio for yarn was 81.9% by early March, up 8.9 points and down 15.2 points respectively, down 17.5 points from recent 3-yr average. Stock totals about 32.9 days of sale, down 0.4 day from previous month, up 11.4 days from a year ago and 14.5 days more than recent 3-yr average. Fabric report a sales ratio of 82.8%, up 19.5 points from previous month, down 14 points from a year ago and down 13.6 points from recent 3-yr average. Stock is equivalent to 53.4 days of sale, up 7.3 days from previous month, up 18.6 days from a year ago and up 13 days from recent 3-yr average.