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January 31St Market Morning Post: Pre Holiday Viscose Staple New Single Paction Or Basically Ended

2019/1/31 10:47:00 7

Viscose Staple Trade

Varieties

One

Price 30 / month

Ups and downs

Company

raw material

Dissolving pulp

Seven thousand two hundred and fifty

Zero

Yuan / ton

Hardwood pulp

Eight hundred and ninety

Zero

US dollar / ton

Coniferous pulp

Nine hundred and ten

Zero

US dollar / ton

fibre

Viscose staple fiber

Thirteen thousand and three hundred

Zero

Yuan / ton

3128B

lint

Fifteen thousand four hundred and ninety-eight

Zero

Yuan / ton

Psf

Eight thousand eight hundred and fifty

Zero

Yuan / ton

yarn

Ring R40S

19700-20400

Zero

Yuan / ton

Ring T32S

13300-13500

Zero

Yuan / ton

T/C 65/35 32S

17800-18500

Zero

Yuan / ton

Macro news

The Federal Reserve announced that the US stocks rose sharply, the NASDAQ rose 2.2%, apple rose nearly 7%, AMD rose 20%, the US dollar fell sharply, and the gold crude oil rose.

The US Federal Reserve did not act as scheduled, removed the phrase "further interest rate increase", lowered the economic performance from "strong" to "stable", promised to flexibly adjust the scale, and did not rule out the resumption of QE; Powell said that the possibility of raising interest rates declined, and did not want to shrink the market to cause market turbulence.

Forecast today

The spinning and weaving business is basically over. Most of the enterprises have stopped their vacation. Viscose staple fiber logistics and pportation are slowing down. In addition, the industry is starting to improve and the industry is cautious about sticky glue. Therefore, before the festival, viscose staple fibers are trading or basically ending.

Industry start up rate

industry

One

29 June

One

30 June

Percentage change

Viscose staple fiber

80.5%

81%

0.5%

Psf

77.6%

77.6%

0%

loom

29%

23%

-6%

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