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    January 31St Market Morning Post: Pre Holiday Viscose Staple New Single Paction Or Basically Ended

    2019/1/31 10:47:00 7

    Viscose Staple Trade

    Varieties

    One

    Price 30 / month

    Ups and downs

    Company

    raw material

    Dissolving pulp

    Seven thousand two hundred and fifty

    Zero

    Yuan / ton

    Hardwood pulp

    Eight hundred and ninety

    Zero

    US dollar / ton

    Coniferous pulp

    Nine hundred and ten

    Zero

    US dollar / ton

    fibre

    Viscose staple fiber

    Thirteen thousand and three hundred

    Zero

    Yuan / ton

    3128B

    lint

    Fifteen thousand four hundred and ninety-eight

    Zero

    Yuan / ton

    Psf

    Eight thousand eight hundred and fifty

    Zero

    Yuan / ton

    yarn

    Ring R40S

    19700-20400

    Zero

    Yuan / ton

    Ring T32S

    13300-13500

    Zero

    Yuan / ton

    T/C 65/35 32S

    17800-18500

    Zero

    Yuan / ton

    Macro news

    The Federal Reserve announced that the US stocks rose sharply, the NASDAQ rose 2.2%, apple rose nearly 7%, AMD rose 20%, the US dollar fell sharply, and the gold crude oil rose.

    The US Federal Reserve did not act as scheduled, removed the phrase "further interest rate increase", lowered the economic performance from "strong" to "stable", promised to flexibly adjust the scale, and did not rule out the resumption of QE; Powell said that the possibility of raising interest rates declined, and did not want to shrink the market to cause market turbulence.

    Forecast today

    The spinning and weaving business is basically over. Most of the enterprises have stopped their vacation. Viscose staple fiber logistics and pportation are slowing down. In addition, the industry is starting to improve and the industry is cautious about sticky glue. Therefore, before the festival, viscose staple fibers are trading or basically ending.

    Industry start up rate

    industry

    One

    29 June

    One

    30 June

    Percentage change

    Viscose staple fiber

    80.5%

    81%

    0.5%

    Psf

    77.6%

    77.6%

    0%

    loom

    29%

    23%

    -6%

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