February 21St Market Morning Post: Mainstream Viscose Factory Or Continue To Stabilize Prices
Varieties | Two Price 20 / month | Ups and downs | Company | |
crude oil | WTI | Fifty-six point nine two | +0.83 | USD / barrel |
Brent | Sixty-seven point zero eight | +0.63 | USD / barrel | |
fibre | Viscose staple fiber | Thirteen thousand and five hundred | Zero | Yuan / ton |
3128B lint | Fifteen thousand four hundred and eighty-five | Zero | Yuan / ton | |
Psf | Eight thousand and eight hundred | Zero | Yuan / ton | |
yarn | Ring R40S | 19700-20400 | Zero | Yuan / ton |
Ring T32S | 13500-13700 | Zero | Yuan / ton | |
Macro news | The NASDAQ continued to rise for eight days, the US debt fell, the US oil rose nearly 1.5%, and the offshore renminbi once broke 6.71. Minutes of the January meeting of the Federal Reserve: almost all officials hope to announce this year's plan to halt the scale reduction and not sure if it is possible to raise interest rates this year. Liu He was invited to the United States to hold the seventh round of high-level Sino US economic and trade consultations on February 21-22. UBS was heavily fined over $4 billion for helping clients to evade taxes, and its share price fell more than 4%, hitting a new low of more than two and a half years. The euro pound has risen in short terms, and Spain's foreign agreement has been finalized. Japanese media: Japan and the United States consider holding ministerial trade talks in the spring. | |||
Forecast today | Viscose staple fiber part of the trial sale or gradually ended, price or to the mainstream of gravity recovery, and at the end of the month and downstream of the viscose centralized procurement node, at this time the market mentality is more sensitive, mainstream viscose factory or continue to stabilize prices. | |||
Industry start up rate | ||||
industry | Two 19 June | Two 20 June | Percentage change | |
Viscose staple fiber | 82.4% | 82.4% | 0.4% | |
Psf | 79.32% | 79.32% | % | |
loom | 51% | 54% | +3% | |
Remarks: the production capacity of polyester staple fiber is 7 million 471 thousand tons / year, and the viscose staple fiber production base is 4 million 855 thousand tons / year. | ||||
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