February 14Th Market Morning Paper: Viscose Staple Continues To Rise.
Varieties | Two Price 13 / month | Ups and downs | Company | |
crude oil | WTI | Fifty-three point nine zero | +0.80 | USD / barrel |
Brent | Sixty-three point six one | +1.19 | USD / barrel | |
fibre | Viscose staple fiber | Thirteen thousand and five hundred | Zero | Yuan / ton |
3128B lint | Fifteen thousand five hundred and one | -2 | 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 | US stocks rose again, the US dollar rose, oil rose nearly 2%, and interest headlines dropped 10%. The US CPI grew by 1.6% in January, a 19 month low of growth, but the core CPI grew by 2.2% over the same period last year. Spending rose by nearly 10% last year, and the US budget deficit expanded to $319 billion. US national debt broke $22 trillion, and household debt increased to a new high. Senior Federal Reserve officials said that the next few meetings will determine the end of the scale reduction plan; several senior officials said that this year should at least raise interest rates again. British inflation has fallen below the central bank's target level for the first time in two years, less than 2%. | |||
Forecast today | Since February 14th, weaving enterprises have started more machines, and yarn or grey fabric pactions have begun to start slowly. At the same time, the profits of the viscose staple fiber industry are not good enough, and some enterprises still have orders that have not been executed. | |||
Industry start up rate | ||||
industry | Two 13 June | Two 14 June | Percentage change | |
Viscose staple fiber | 82% | 82% | 0% | |
Psf | 70.76% | 70.76% | +1.83% | |
loom | 36% | 38% | +2% | |
Remarks: the production capacity of polyester staple fiber is 7 million 371 thousand tons / year, and the viscose staple fiber production base is 4 million 855 thousand tons / year. | ||||
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