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