Textile companies’orders and inventory pressures increased in the first quarter

According to the tracking data of the China Cotton Textile Association(CCTA)in March 2020,the production and sales situation of the cotton textile industry has improved month-on-month with the acceleration of the company’s resumption of production.Since late March,the COVID-19 pandemic has spread globally,export orders have plummeted,and production has slowed.Recently,pressure on orders and inventories of cotton textile companies has further increased.