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    December 19Th Morning Market Report: Viscose Staple Trade Is Flat And High Price Or Difficult To Maintain.

    2019/2/19 15:33:00 29

    Viscose Staple Fiber

    Varieties

    Two

    Price 18 / month

    Ups and downs

    Company

    crude oil

    WTI

    --

    --

    USD / barrel

    Brent

    Sixty-six point five zero

    +0.25

    USD / barrel

    fibre

    Viscose staple fiber

    Thirteen thousand and five hundred

    Zero

    Yuan / ton

    3128B

    lint

    Fifteen thousand four hundred and eighty-eight

    -1

    Yuan / ton

    Psf

    Eight thousand eight hundred and fifty

    Zero

    Yuan / ton

    yarn

    Ring R40S

    19700-20400

    Zero

    Yuan / ton

    Ring T32S

    13500-13700

    -50

    Yuan / ton

    Macro news

    US stocks closed for a week, while European stocks rose slightly, and oil rose to a new high in the year. Spot gold hit a ten month high.

    The U. S. import car tariff report was formally submitted to Trump, and the EU threatened to retaliate with soya and liquefied natural gas.

    The CPC Central Committee and the State Council issued the outline of the development plan for the Great Bay area of Guangdong, Hong Kong and Macau, and will be built into a world-class Bay Area by 2035.

    Forecast today

    The Sino US trade will end in Beijing, and the two sides will resume negotiations in Washington next week.

    Viscose staple fiber

    The market trade atmosphere is dull, the performance and cost of the blended yarn are superior, the proportion of pure spinning cotton yarn is reduced, and the viscose staple fiber supply increases, this high price quotation is difficult to maintain.

    Industry start up rate

    industry

    Two

    15 June

    Two

    16 June

    Percentage change

    Viscose staple fiber

    82%

    82%

    0%

    Psf

    82.77%

    82.77%

    +0.36%

    loom

    45%

    47%

    +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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