Lack Of Demand Supports Viscose Staple Fiber Market Is Generally Empty.

Viscose staple fiber market is still lack of demand support in general, the market is generally empty, the market occasionally cheap rumors, the price center of gravity continued to fall.

The official quotation of the middle end market is more than 13200-13300 yuan / ton, but the actual negotiation is more than 13000 yuan, and some 12800-12900 yuan price range has been enlarged, and the lower end of the paction is 12600-12700 yuan / ton.

The price is accelerating and the external dissolving pulp is due to exchange rate and market risk.

Loosening begins.

Pay attention to the market clearing price and the negotiation.

High-end manufacturers scattered higher turnover is still 13400 yuan / ton, the single paction in the vicinity of 13200 yuan, there are still some lower level heard.

Fujian

The price declines are enlarged. Siro spinning 40S cash offer negotiation is mostly around 19000 yuan, and tight 40S is more than 19600-19800 yuan / ton.

In Changle area, there will be a 2-4 day parking plan for some cotton mills in Changle due to power consumption.

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The WTO (WTO) recently decided at the annual ministerial conference that, from 2016, the least developed countries should be allowed to export cotton to the developed countries in a tax-free and quota free manner, covering three aspects: market access, domestic support and export competition.

In terms of market access, WTO has given the least developed countries free tax and quota free export to developed countries since January 2016, and promised developing countries that are independent of tax and quota free.

In terms of domestic support, WTO recognised the reform of cotton policy in member countries and stressed that more efforts needed to be made.

In terms of export competition, WTO's decision requires that the developed countries immediately cancel the export subsidy for cotton, and the developing countries will implement the regulation later.

With the implementation of the WTO decision, the 35 least developed countries in the world and four main cotton producing countries in Africa (Burkina Faso, Benin, Chad and Mali) and other developing countries will be exempt from export cotton from 2016.

WTO Secretary General Roberto said that the decision on cotton export subsidies was part of WTO's commitment to cancel farm export subsidies and the biggest achievement in agriculture since the establishment of WTO in 20 years.

WTO Member States, especially developing countries, have been asking WTO to take action on this issue to eliminate the serious distortions caused by these subsidies to domestic cotton production and trade.

Today's decision is a one-off and thorough solution.