According to a sample survey by the National Cotton Market Monitoring System, as of early July, the average number of cotton inventory days used by the sampled enterprises was about 32.8 days (including the amount of imported cotton), a decrease of 4.6 days from the previous month and an increase of 1.3 days from the same period last year. It is estimated that the national cotton industrial inventory is about 630,000 tons, a decrease of 12.6% month-on-month and 8.6% year-on-year. The inventory status of cotton industry in major provinces of China is different, and the number of days of cotton industrial inventories in Hebei, Fujian, and Shaanxi provinces is relatively more. Purchasing intentions survey showed that in early July, companies preparing to purchase cotton accounted for 64.5%, a decrease of 0.5 percentage points month-on-month, an increase of 7.8 percentage points year-on-year; wait-and-see enterprises accounted for 34.2%, an increase of 3 percentage points, a decrease of 3.1 percentage points year-on-year; enterprises not planning to purchase cotton accounted for 1.3%, down 2.6 percentage points from the previous month and 4.7 percentage points from the same period last year.

At the beginning of July, the yarn sales rate of the sampled enterprises was 89.8%, an increase of 4.3 percentage points from the previous month, a decrease of 1 percentage point from the same period last year, and a decrease of 6.1 percentage points from the average level in the same period in the past three years. The inventory was 24.4 days of sales, a decrease of 4.8 days from the previous month, the year-on-year decrease was 4.7 days, which was 4.6 days higher than the average of the same period in the past three years. The production-sales ratio of cloth was 86.2%, an increase of 1 percentage point month-on-month, a decrease of 5.6 percentage points year-on-year, and 9.7 percentage points lower than the average of the same period in the past three years; inventory was 42.5 days of sales, a decrease of 3.5 days from the previous month, and a decrease of 6.7 days from the same period last year, and 0.7 days higher than the average of the same period in the past three years.