China's Spandex & Viscose Giant Poised for Double Breakout

Bullish · $000949.SZ

What Happened

Xiaoxing raised spandex prices by 1000 yuan/ton, and viscose filament capacity is shrinking, setting the stage for a supply-demand mismatch.

Bottom Line

Broker sentiment is bullish as both spandex and viscose filament markets tighten, positioning the company for a powerful rally.

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