the theoretical losses of VSF and rayon yarn are around 1,000yuan/mt

Due to the high price of raw materials, the theoretical losses of VSF and rayon yarn are around 1,000yuan/mt, and prices are still under downward pressure. To each segment of the industry chain, feedstock procurement faces the risk of falling prices, spun yarn and fabrics may be unsalable and become the stocks, which will be depreciated and occupy funds in the meantime. At the end of August, orders for the second half of the year have not been released, which is basically in line with the market's expectation that end-user consumption will continue to be weak in the short and medium term. Even if there is recovery during September-October, the growth will be limited