Viscose Staple Fiber Market -- Improved Enquiry (11.25)

Prices are generally stable and enquiries have improved slightly.

Viscose staple fiber market prices are generally stable, the central bank unexpectedly cut interest rates, market reaction is not big, viscose factory quotation execution to maintain early stage, the middle end in 11900 yuan, a low 11800 yuan position.

The focus of the paction was 12100 yuan, and the turnover was more than 12000 yuan per ton.

At the end of last week, the early maintenance plant in East China resumed production, and some manufacturers in the late part were in tight supply or improved.

Siro spinning, tight race price is stable, siro spinning 40S cash offer at 17800 yuan, tight race 40S 19300-19600 yuan.

Stocks rose slightly.

The macro information is good, the market is somewhat convergent to the later bearish expectation, and the enquiry of the lower reaches slightly improved today, but the actual turnover has not yet been significantly increased.

Generally speaking, viscose staple fiber is maintained by horizontal finishing.

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The latest research report on fashion supply chain issued by Boston consulting company (BCG) has given bold conclusions through headlines and themes. The fashion industry has come to the crossroads and the end of the supply era of low cost countries.

This is exactly the opposite of the "follow the low cost pointer" rule that the industry has been following in the past few decades.

The report clearly states: "if global fashion manufacturers want to increase production efficiency and expand speed, they can no longer shift from this low-cost country like they used to to the next low-cost country."

The innovation of garment production enables fashion companies to place manufacturing centers around target consumers to improve their reaction speed.

Accordingly, the report recommends that "fashion companies must adopt new cost tracking frameworks to control costs and provide incentives for key production partners to improve productivity."

The report pointed out that the choice of supply areas was to maintain low labor costs as the primary consideration so that product prices could remain competitive, and when a country's labor costs increased, fashion companies had to shift their production areas.

"Perhaps this migration will soon be over.

Cheap labor has become increasingly scarce and low cost countries are decreasing.

To cope with this trend, fashion companies must make full use of existing equipment to improve production efficiency, speed up the expansion of the market and eliminate the pressure of labor cost management.

BCG believes that the current challenge requires market companies to examine their production processes and production partners from three strategic perspectives.