Hyosung raised spandex prices by 1,000 yuan/tonne across all specs on October 8 due to higher raw material costs, while Xinxiang Chemical Fibre announced the shutdown of 31,200 t/yr of viscose filament capacity. The broker maintains a bullish view on the chemical fiber chain, citing supply-demand mismatch potential in viscose filament and cost support for spandex.
Broker reiterates bullish stance on China's chemical fiber sector, highlighting spandex price increases and viscose filament capacity reductions as key catalysts.
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