资讯 1 10 英文网 298 Stocks 595282 China Industrial Cotton Stock (Sept) 2020-09-14 14:51:05 yangfang
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China Industrial Cotton Stock (Sept)
2020-09-14

NCMMS reported that by early September, average industrial cotton stock held by sampled mills totaled about 36.85 days, including port arrivals. This is up down 0.09 day from previous month and up 9.33 days from a year ago.  

  

Based on this assumption, NCMMS pegs national industrial cotton stock at 708200 tons, down 0.2% from a month earlier and  up 17.6% from a year earlier. Stock levels are various between provinces, with Hubei, Hebei and Fujian reporting the biggest stock this month. 

  

By early September, 54.4% mills intend to purchase raw material, down 5.1 points from previous month and up 0.1 point from a year ago. 40.5% are undecided, up 6.3 points from previous month and down 0.2 point from a year ago. 5.1% refuse to purchase, down 1.3 points and up 0.1 point respectively.   

  

By early September, 94.9% mills maintain current cotton's share, down 1.3 points from previous month and up 3.7 points from a year ago. 3.8% intend to increase cotton's share, up 2.5 points from previous month and unchanged from a year ago. 1.3% intend to reduce cotton's share, down 1.3 points from previous month and down 3.7 points from a year ago.  

  

By early September, 51.9% report a healthy financial status, up 1.3 points from a month ago and down 2.4 points from a year ago. 32.9% report a poor financial situation, down 3.8 points and up  0.8 point respectively. 15.2% report a very difficult financial situation, up 2.5 points from previous month and up 1.6 points from a year ago.  

  

By early September, 67.1% mills report a normal workforce, up 5.1 points from previous month and 4.1 points from a year ago. 24.1% report a poor workforce, down 6.3 points from previous month and down 5.6 points from a year ago. 8.9% are in serious shortage of labour, up 1.3 points from previous month and up 1.5 points year on year.   

  

Sales ratio for yarn was 88.8% by early September, down 1.7 points and down 7.9 points respectively, down 6.9 points from recent 3-yr average. Stock totals about 25.3 days of sale, up 1.9 days from previous month, down 3.4 days from a year ago and up 4.4 days more than recent 3-yr average. Fabric report a sales ratio of 85.8%, down 2.4 points from previous month, down 4.1 points from a year ago and down 8.6 points from recent 3-yr average. Stock is equivalent to 44.1 days of sale, up 5.4 days from previous month, down 6.3 days from a year ago and down 0.2 day from recent 3-yr average.