yarn production in 2001/02 had amounted to 4.86
million tons by April, rising by 85,300 tons compared
with the same time of the last year, a year-on-year
increase of 8.53 percent, according to the National
Bureau of Statistics (NBS).
April saw a continuously rapid growth of domestic
yarn production which advanced by 53,500 tons
month on month, a growth rate of 9.05 percent.
Of that, the monthly production of Jiangsu and
Shandong surged by 129,000 tons and 117,700
tons respectively, growing by 16.95 percent
and 28.49 percent year on year respectively.
Among the provinces with cumulated production
exceeding 100,000 tons, Xinjiang’s drop
rate topped, reaching 48,900 tons, a year-on-year
fall of 22.62 percent.
Calculated at an annual spinning rise ratio,
the domestic yarn production, by the end of
May, might be 5.58 million tons. Assume that
cotton consumption ratio rations 63 percent,
the industrial cotton consumption is expected
to accumulate 3.8 million tons in 2001/02.