The trading mood of rayon yarn market has been muted since Sep

The trading mood of rayon yarn market has been muted since Sep, and panics have been increasing in the spinners day by day when downstream plants have almost reached the agreement of taking holidays ahead of time. If rayon yarn sales stagnate now, the backlog of inventory and funds will be unimaginable. In addition, the bearish expectation for raw materials significantly weighs on the inventory depreciation. Therefore, price decline has become normal among the spinners.