Viscose staple fiber prices remained high (June 8)

On June 8, under the pressure of cost, the price of viscose staple fiber remained high. The quotation of 1.2d*38mm manufacturers was about 15500, and the supply remained in a tight balance. The factory mainly delivered the contract orders signed in the early delivery period and overseas orders. The cotton yarn price of downstream people has risen steadily. The main reason for the rise is that the factory has started to use viscose staple fiber with high price, which is caused by the substantial rise in cost. The shipment is general, the downstream orders are limited, and the yarn inventory is still large.

 

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Trend chart of viscose staple fiber price

 

According to the price monitoring of the business club, as of June 8, 2022, the ex factory price of 1.2d*38mm viscose staple fiber in China is 15560 yuan / ton, and the average ex factory price of cotton yarn (30s, ring spinning, first-class products) is 19100 yuan / ton, which is stable.

 

Supply and demand market

 

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Recently, the overseas market is good, the domestic market trading atmosphere is general, and the supply of viscose staple fiber maintains a tight balance. However, the price of viscose staple fiber conducted by the yarn factory is limited, the terminal demand has not improved, and the downstream orders are limited. At present, the finished cotton yarn has accumulated in stock, local logistics is not smooth, the spot delivery of the yarn factory is still blocked, and the price negotiation is high.

 

Aftermarket forecast

 

Recently, foreign dissolving pulp devices have changed greatly, but the supply is still tight, the cost is pushed up, and it is difficult for viscose staple fiber factories to make concessions. However, the demand for textile terminals continues to be flat, difficult to improve, and the trading and investment has always been average. Analysts from the business community predict that the price of viscose staple fiber will be stable, medium and strong, and high.

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