February 22Nd Market Morning Post: Viscose Staple Fiber Or Continue To Stabilize The Price Wait And See
Varieties | Two Price 21 / month | Ups and downs | Company | |
crude oil | WTI | Fifty-six point nine six | -0.2 | USD / barrel |
Brent | Sixty-seven point zero seven | -0.01 | 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 | Europe and the United States economic data is not good, the NASDAQ stopped rising eight times, vip.com fell nearly 14%, the US dollar rose, the US debt fell. US housing sales in January plummeted again, hitting a three year low of two consecutive months. American authoritative journals no longer recommend Model 3, Tesla plunged 3.7%. Baidu's fourth quarter earnings declined by two digits, but still better than Wall Street's expectations. In February, the euro zone's manufacturing PMI fell below the ups and downs, hitting a 68 month low. The ECB's January summary: consider providing banks with a new round of cheap long-term loans, and trade conflicts are increasingly affecting economic growth. On Thursday, the people's Bank of China issued PSL 71 billion 900 million yuan, with no repurchase on that day. | |||
Forecast today | Most of the cotton spinning enterprises are starting to load more and more. Meanwhile, the stock of viscose staple fiber is also gradually being digested. The industry needs urgent demand at the end of the month. | |||
Industry start up rate | ||||
industry | Two 20 June | Two 21 June | Percentage change | |
Viscose staple fiber | 85.01% | 85.01% | 0% | |
Psf | 79.32% | 82% | +2.68% | |
loom | 54% | 58% | +4% | |
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 965 thousand tons / year. | ||||
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