资讯 1 10 英文网 298 Stocks 592254 China Industrial Cotton Stock (April) 2020-04-14 15:33:33 yangfang
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China Industrial Cotton Stock (April)
2020-04-14

NCMMS reported that by early April, average industrial cotton stock held by sampled mills totaled about 50.9 days, including port arrivals. This is down 4 days from previous month and up 15.7 days from a year ago. 

 

Based on this assumption, NCMMS pegs national industrial cotton stock at 996,000 tons, down 11% from a month earlier and up 28% from a year earlier. Stock levels are various between provinces, with Hunan ,Hubei nad Hebei reporting the biggest stock this month.

 

By early April, 42.7% mills intend to purchase raw material, down15.2 points from previous month and down 28.1 points from a year ago. 46.7% are undecided, up 4.6 points from previous month and up 25.9 points from a year ago. 10.7% refuse to purchase, up 10.7 points and 2.1 points respectively.  

 

By early April, 92% mills maintain current cotton's share, down 4.5 points from previous month and up 3.1 points from a year ago. 1.3% intend to increase cotton's share, down 0.4 point and down 4.8 points respectively. 6.7% intend to reduce cotton's share, up 4.9 points from previous month and up 1.7 points from a year ago. 

 

By early April, 48% report a healthy financial status, down 14.1 points from a month ago and down 15.4 points from a year ago. 36% report a poor financial situation, up 13.6 points and up 11.6 points respectively. 16% report a very difficult financial situation, up 0.5 point from previous month and up 3.8 points from a year ago. 

 

By early April, 56% mills report a normal workforce, up 14.6 points from previous month and down 5 points from a year ago. 33.3% report a poor workforce, down 8 points from previous month and up 5.3 points from a year ago. 10.7% are in serious shortage of labour, down 6.6 points from previous month and down 0.3 point year on year.  

 

Sales ratio for yarn was 81.1% by early April,down 0.8 point and down 24.5 points respectively, down 20.8 points from recent 3-yr average. Stock totals about 33.8 days of sale, up 0.9 day from previous month, up 13.6 days from a year ago and 17 days more than recent 3-yr average. Fabric report a sales ratio of 82%, down 0.8 point from previous month, down 16.9 points from a year ago and down 17.1 points from recent 3-yr average. Stock is equivalent to 54.2 days of sale, up 0.8 days from previous month, up 19.9 days from a year ago and up 17.5 days from recent 3-yr average.