February 15Th Market Morning Post: Viscose Staple Sales Or Continue To Stabilize Finishing

crude oil

WTI

Fifty-four point four one

+0.51

USD / barrel

Brent

Sixty-four point five seven

+0.96

USD / barrel

fibre

Viscose staple fiber

Thirteen thousand and five hundred

Zero

Yuan / ton

3128B

Fifteen thousand four hundred and ninety-nine

-2

Yuan / ton

Psf

Eight thousand eight hundred and fifty

Zero

Yuan / ton

yarn

Ring R40S

19700-20400

Zero

Yuan / ton

Ring T32S

13600-13700

Zero

Yuan / ton

Macro news

Retail data is bleak, Trump will declare a state of emergency, the S & P and Dow are down, Coca-Cola's poor earnings hit the biggest decline in ten years, earnings and revenue of NVIDIA were better than expected, and it rose more than 9% after the market; B gained nearly 4% of its stake in Ali.

Retail sales in the US were far weaker than expected in December, the biggest decline in more than nine years.

Fed chairman: downside risks have significantly improved, and the scale should end before the end of this year.

Berkshire's four quarter position report: Apple holdings reduced by 1.1%, clearance oracle.

Forecast today

After the end of the year, viscose and yarn orders are less than the same period in the previous year, and the end of the viscose staple fiber industry load or upgrade expectations, so the industry's mentality is cautious, but the paction has not yet started. In order to stabilize some market confidence, it is expected that today viscose staple fiber price or continue to stabilize.

Industry start up rate

industry

Two

Two

Percentage change

Viscose staple fiber

82%

82%

0%

Psf

70.76%

73.48%

+2.72%

loom

38%

43%

+5%

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.