Rayon yarn

It is obvious to see the difficulty of the industry when spinners with strong financial strength in Chengle of Fujian province united to cut production by 50% previously. Spinners in other areas have almost reached a tacit agreement as some of them shut down the lines after running out of raw materials and some have suspended operation to wait and see. The units that have been shut down are mostly for ring-spun, compact siro-spun and siro-spun yarn. Open-end and vortex-spun yarn mills have not shut down lines on large scale, but they have to suspend operation with pressure of rapid inventory accumulation and inventory depreciation.