Jilin Chemical Fiber: Bamboo Fiber Is The Most Profitable Product With High Viscose Price.
Bamboo fiber
It is the impact of cotton production reduction that the most profitable product of viscose high price operation is affected by cotton production. We expect cotton and viscose will remain at a relatively high price level for quite some time.
Cotton lint is insufficient, and this year is even worse. So it is imperative to develop wood pulp, bamboo pulp and other cotton pulp instead of products.
Jilin chemical fiber is the largest bamboo fiber in China.
Supplier
With a market share of more than 90%, the company intends to expand its capacity to maintain its leading position.
Bamboo fiber cost is stable, price is glued to viscose staple fiber, bamboo fiber benefits most when the viscose price is high.
The company is now cheap, giving the company the first rating to buy, with a target price of 10.85 yuan.
The key points of supporting ratings are affected by cotton production and tight supply. We expect cotton and viscose staple prices to remain high for a long time.
The cost of bamboo fiber is stable and the price is based on viscose staple fiber. In the end product market, bamboo fiber products are generally twice as high as pure cotton products.
Viscose price
Products that benefit most from high operation.
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