At The Beginning Of February, The National Cotton Industry Inventory Usage Days Were About 50.9 Days
According to the sampling survey conducted by the national cotton market monitoring system, as of the beginning of February, the average cotton inventory days of the sampled enterprises were about 50.9 days (including the quantity of imported cotton), which increased by 15 days on a month on month basis and decreased by 3.2 days on a year-on-year basis. It is estimated that the National Cotton Industrial inventory is about 1.084 million tons, with a month on month increase of 41.7% and a year-on-year decrease of 3.6%. The inventory situation of cotton industry in the main provinces of China is different, and the days of cotton industry inventory in Hebei, Hubei and Fujian are relatively large.
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