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The trading mood of rayon yarn market is weakening rapidly
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The trading mood of rayon yarn market is weakening rapidly

Views: 0     Author: Site Editor     Publish Time: 2023-04-03      Origin: Site

The trading mood of rayon yarn market is weakening rapidly. It has been only two weeks since the rise of rayon yarn that some spinners are preparing to cut prices for sales promotions. Vortex-spun yarn is the wind vane of the yarn price trend and the offer of R30S is generally released around 16,000yuan/mt by the spinners after the Spring Festival, which is about 800yuan/mt higher than pre-holiday level. However, yarns sold below 15,500yuan/mt or even less than 15,000yuan/mt aroused more worries over yarns of other technology.
In fact, the inventory both is not high. Considering the pre-holiday orders and orders signed in the next two weeks, even if the order-taking is unsmooth, there is basically no pressure in February. However, the increase in the supply of will cause a lot of pressure. At present, with the improvement in profits, the cash flow has become positive, and the willingness of running the units has also increased significantly. Some spinning mills will continue to increase the operating rates with gradual return of the workers, so the supply of both VSF and yarn will increase

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