According to a sample survey of the National Cotton Market Monitoring System, as of the beginning of August, the average use days of cotton stocks of the sampled enterprises were about 36.9 days (including the quantity of imported cotton), an increase of 4.2 days month-on-month and an increase of 7.4 days year-on-year. It is estimated that the national cotton industry inventory is about 710,000 tons, an increase of 12.8% month-on-month and an increase of 9.8% year-on-year. The cotton industry stocks in the main provinces of the country are different, and the cotton industry stocks in Fujian, Hebei, and Hubei are relatively high.

According to the survey of purchasing intentions, in early August, 59.5% of companies preparing to purchase cotton accounted for a decrease of 5 percentage points month-on-month and an increase of 10.7 percentage points year-on-year; 34.2% of companies held a wait-and-see attitude, which was the same month-on-month, down 10.9 percentage points year-on-year; 6.3% of cotton companies did not plan to purchase cotton, an increase of 5 percentage points month-on-month and an increase of 0.2 percentage points year-on-year.

 

At the beginning of August, 96.2% of the sampled companies planned to stabilize the cotton blending ratio, up 1.5 percentage points month-on-month and 4.7 percentage points year-on-year; 1.3% of the companies planned to increase the cotton blending ratio, down 1.4 percentage points month-on-month and staying the same year-on-year; 2.5% of the companies planned to lower the cotton blending ratio, down 0.1 percentage points month-on-month and 4.8 percentage points year-on-year.

 

The capital turnover survey showed that at the beginning of August, 50.6% of companies had good capital turnover, a decrease of 3.9% month-on-month and 1.8% year-on-year; 36.7% of companies had poor capital turnover, an increase of 2.9% month-on-month and an increase of 2.6% year-on-year; 12.7% of companies were seriously lack of capitals, an increase of 1 percentage point month-on-month and a decrease of 0.8 percentage points year-on-year.

 

At the beginning of August, 62% of the sampled companies had normal employment conditions, a decrease of 5.5 percentage points month-on-month and a year-on-year decrease of 0.2 percentage points; 30.4% of the companies had poor employment conditions, a month-on-month increase of 3.1 percentage points and a year-on-year increase of 1.1 percentage points; 7.6% of the companies were seriously short of workers, a month on month increase of 2.4 percentage points and a year-on-year decrease of 0.9 percentage points.

 

At the beginning of August, the yarn production and sales rate of the sampled enterprises was 90.5%, an increase of 0.7 percentage points month-on-month, a year-on-year decrease of 2.1 percentage points, and a decrease of 3.2 percentage points from the average level of the same period in the past three years. The inventory was 23.5 days of sales, a decrease of 1 day month-on-month, a year-on-year decrease of 5.7 days, 1.7 days higher than the average level over the same period in the past three years. The production-sales ratio of cloth was 88.2%, a month-on-month increase of 2 percentage points and a year-on-year decrease of 1.2 percentage points, 4.3 percentage points lower than the average level of the same period in the past three years; inventory was 38.8 days of sales, a decrease of 3.7 days month-on-month and a decrease of 12.2 days year-on-year, 6.8 days lower than the average level of the same period in the past three years.