Viscose Fiber Chain: Viscose Fiber Market Bullish
Global
Wooden paddle
The market is weakening again.
In the European market, the NBSK index dropped by 1.86 US dollars / ton (20.40 euros) and dropped by 11.44 US dollars / ton in the US market.
In China, the BHKP index dropped by $7.28 from last week.
Asia's dissolving pulp market is clear because of low inventories.
The viscose staple market in Asia is on the rise, while prices in China are rising, while prices in India and Pakistan remain stable.
In China, the market is waiting for next week's meeting, and some people expect the price to go up.
It is believed that if the main buyers agree to cut production, the price will go up.
The viscose filament Market in China and India is quite calm, though in China.
Manufacturer
The supply price was adjusted to respond to the decision of the last meeting.
Prices are in turmoil, and some traders reserve inventory before adjusting.
Nylon chain
Benzene price eruption
In the Asian and European markets, the nylon market saw a significant rebound in benzene prices, although crude oil prices were disappointing.
Concern for future prospects has had a negative impact on the market, but low inventories have led buyers back to the market.
Supply has been slightly supportive of price increases.
In the lower reaches of Asia, the caprolactam market is moderately stable because of the demand, although the price of benzene has rebounded.
However, buyers are cautious about any proposal, because the decline in crude oil futures limits the support for caprolactam market.
It is reported that the global supply is healthy because of its high operating rate.
The Asian nylon chip market is stable due to the price of caprolactam, and caprolactam provides strong cost support.
Producers and traders intend to raise their quotations, but they are largely unsuccessful.
In the nylon filament market, the FDY in China is on the rise, which is consistent with the textile market's interest in buying, high feed prices and falling stocks. POY and DTY producers are cautious about raising prices, because the textile factory's purchase is moderate.
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