Sharp correction in international oil prices today, while the export tax rebate rate of chemical fiber industry is expected to introduce in the near future,faux fur throws, so the chemical sector stocks rising, seize the daily limit, a beautiful landscape in the market. We believe that the good will continue to stimulate the chemical industry. column today leading Xinxiang Chemical Fiber recommended (love stocks, market, information) (000 949), suggest that investors focus on.
Oil prices fall to ease the plight of the cost of
Chemical fiber textile company is the production of raw materials, a class of large-scale enterprises, mainly engaged in the production and sale of viscose fiber. 08 years as soaring oil prices, industry profits are squeezed. According to the company announcement,promotional caps, the company net profit from January to June 2008, a year earlier to a sharp decline, dropping to between 50% -95%. As international oil prices in just two days of sharp correction in the $ 9 for the chemical fiber industry, good composition, is expected to ease the cost of doing business, re-start the development of chemical fiber industry into high-speed channel.
Product is expected to significantly increase the export tax rebate rate to stimulate foreign demand
Involvement in July last year, weak demand and the export tax rebate rate cut, more than Yindie viscose prices fell by more than market expectations. Recently printing of rumors, the state tax rebate on textile exports callback will be a breakthrough, decision-making has passed and the them, viscose fiber may be a major adjustment of export tax rebate, claimed to increase 10 percent from the current 5% to 15%. but the authorities have to wait for the final results officially announced. preliminary estimates, to May viscose filament exports amounted to $ 33,719,400 the total calculated amount of the second half of exports rayon fibers about $ 202,316,400, viscose fiber export tax rebate up 10 percentage points, will give the viscose industry bring direct profits of $ 20,231,600,custom promo products, calculated using the current exchange rate 6.85, equivalent to 138,586,700 yuan, that is 139 million. If the above policy should be introduced to stimulate a certain extent, the price of viscose fiber, viscose fiber prices may be stabilized, the profitability of the industry to rebound.
In the secondary market, the stock has been showing since the 2008 unilateral down trend, the biggest decline in more than 70%, long time, down the large, technically with the requirements of a rebound. Current trends showed a small box shock bottoms, moderate volume amplification, technical indicators come on strong, especially in today's gapped lower limit, the main force pulled up wait, we recommend investors to pay close attention. Stop bits: 4.50 yuan.