Viscose Continue To Fall, Finance Is New And Exotic.
The price of viscose staple fiber fell in October 24th. So far, the market of viscose staple fiber in 1.5D*38mm has been quoted at 16840 yuan / ton, down 1.06% from the previous day, up 14.56% over the same period last year.
Viscose staple fiber
Market gloomy atmosphere is still, and volume continues to slump, the overall price is weak downward, it is expected that viscose market will continue to fall in the short term.
Because of the market sentiment, the overall market atmosphere is still relatively low, and the implementation of the initial orders in the viscose factory is coming to an end.
Prices also followed the downward trend. The high price quoted in the middle part is still high at 16800-16900 yuan / ton, and the market paction is negotiated at 16500-16700 yuan / ton.
High end nominal offer 16800-17000 yuan / ton, turnover center of 16800 yuan / ton.
The human cotton yarn market is also in the doldrums, and mainstream products such as siro spinning, vortex spinning, ring spinning and so on are all low.
The main quotation of the 30S market for ring spinning of cotton yarn is 20500-22500 yuan / ton, and the shipping resistance is large. The 40S of siro spinning cotton yarn is 22800-23000 yuan / ton, and the order is missing.
Only part of the core spun yarn has a bright eye. The price of the imitation rabbit hair 28S market in Northern Jiangsu is raised to 24500-25000 yuan / ton.
The whole commodity market environment and the situation of PTA attract the favor of outside industry funds.
First of all, the rise of all sectors of the commodity sector, from black to agricultural products, can be changed in other varieties such as polyolefin, methanol, PVC and so on have a good increase, while PTA has maintained the bottom of the weak shocks, did not appear a decent rebound, compared with other commodities in the price depression, which attracted the attention of speculative capital.
Secondly, from
PTA
In the case of the industry itself, the mainstream manufacturers in October were overhauled by the big devices, while the downstream polyester was in the peak season, the load level was high, and the inventory intensity was large in October. The current social inventory and inventory consumption ratio were not high; in addition, the crude oil price rose to over 50 dollars, the polyester production and marketing situation was better and the price continued to improve, the polyester plant product inventory was at a reasonable level, and the production profit was good. Compared with the PTA, the production profit of the PTA link had been at a low level of about 400 yuan, and the industrial chain price and profit pmission were also normal.
From the post position position, with the price rising, the industry's short hedge fund intervention is also very positive.
Data show that on the same day, the top 20 seats increased 179 thousand and 900 positions, while the first 20 seats were short, adding 319 thousand positions.
"China is the largest in the world.
PTA
The producer and consumer countries, from the upstream PTA factories to the middle traders to the downstream polyester factories, have been involved in the PTA futures market, actively using futures to hedge operations, and the development of PTA futures has been more mature, which also precipitated a considerable number of industrial capital, and the top few of the empty main players have the industrial background.
Fang Huiling said.
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