Zhongtai Chemical(SZ:002092)2022-11-23 06:56Group 1: Market Conditions - The profitability of the viscose staple fiber industry exhibits cyclical changes, with increasing demand for non-woven fabric viscose staple fibers and the gradual elimination of outdated production capacity, leading to a tightening of raw material supply and rising prices [2]. - Currently, the market price for viscose staple fiber is between 11,800 and 12,200 RMB per ton, indicating a sustained upward trend due to demand exceeding supply [3]. Group 2: Yarn and PVC Market Insights - The yarn market is experiencing a positive trend due to low overall social inventory and a shift of foreign orders to domestic markets, resulting in increased domestic demand and significant profit potential [3]. - The PVC market is seeing increased downstream demand post-pandemic, with overall social inventory remaining low, leading to a gradual rise in domestic PVC market prices, which are currently fluctuating at high levels [3]. Group 3: Company Development Strategy - The company aims to align with national strategies, integrate advantageous resources, and enhance industrial layout, focusing on core business areas while continuously improving and extending the industrial chain through mergers and acquisitions [3]. - The goal is to increase production capacity in calcium carbide and PVC, enhance market share in the chlor-alkali chemical industry, and achieve safe and green development while stabilizing production and accelerating the transformation of new and old growth drivers [3].