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2021
DATE
03 - 08
Near March, sales ratio of cotton grey fabric market gradually recovered, but the overall range was not large, not least because feedstock price rise drove rising of grey fabric price, and the downstream customers mainly waited and saw. This can be reflected from the transaction in China Textile City. As of February 25, the total turnover of fabrics from January to February in 2021 reached 337 million meters, up 23.81% and 213.17% than that in 2019 and 2020 respectively. The fabric turnover in Jan 2021 was larger than that in previous years, and the fabric trading in China Textile City recovers rapidly after the Spring Festival holidays, but the recovery degree was not as good as that in 2019, but faster than that in 2020. The reasons are as follows: firstly, China Textile City successfully opened as COVID-19 pandemic cases remained stable after the holiday in 2021. Secondly, there were still some stores that have not opened yet. Thirdly, the weave
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