Viscose Staple Market Analysis
1. Review of viscose staple market
Viscose staple fiber this week
market
Although the price of the production enterprises is not loose, the price of traders has dropped considerably.
In addition, because of the failure of the cotton market, the viscose staple fiber continues to weaken, the market wait-and-see sentiment is strong, and the number of new orders is very few.
Another country severely crack down on agricultural products speculation, and the deposit reserve rate continued to rise this week also increased the market's interest rate expectations, as well as the low season factors and other factors of distress, the market has formed constraints.
By the end of last week, the mainstream price of viscose staple fiber 1.5D market was 30500-31000 yuan, and 1.2D quoted price was 30700-31200 yuan / ton.
Two, upstream raw material market performance
This week, the market price of cotton lint also began to fall into a downward path following the price of cotton, and many of them fell.
Trade
Businessmen also lack confidence in future generations, and shipments are increasing. Short supply of cotton lint is in excess of demand.
The purchase price of cotton lint market in Shandong has been decreasing for several consecutive days. At present, the market price of filament pulp and cotton lint market has dropped by 1500 yuan to 14500 yuan / ton, and the short silk pulp cotton lint market quotation has dropped to near 13500 yuan / ton.
The market price of cotton pulp remains at 22000-22500 yuan / tonne this week, but the downstream market is not in a hurry to get goods, and wait-and-see sentiment has also spread to cotton pulp.
The market price of dissolving pulp remained at $2400-1450 / ton this week. It was heard that wood pulp was basically not available for sale, and manufacturers were still reluctant to sell them.
Three, downstream cotton yarn Market Performance
Shipments of the cotton yarn market have begun to slow this week, but inventories have not increased significantly, and quotes have continued to remain high.
It is reported that some cotton spinning enterprises in the market have already formed a non price reduction alliance to jointly maintain this wave of market readjustment.
As of Friday,
Jiangsu
The price of Dasheng 30S rayon siro spinning knitting yarn is 46000 yuan, the price of 30S rayon compact spinning yarn is 47000 yuan, and the 40S compact spinning knitting yarn is quoted at 50000 yuan / ton.
Jilin chemical fiber cotton yarn quotation continues to be stable, of which the 30S cotton knitted ring spinning ticket is quoted at 38000 yuan, and the 40S cotton knitted yarn is quoted at 40000 yuan.
The quotation of Shandong Dai Yin cotton yarn has also kept stable, of which the 30S air spinning knitted ribbon ticket is priced at 38000 yuan / ton, the 40S air spinning price is 41500 yuan / ton, the 30S siro spinning knitting yarn price is 42000 yuan / ton, and the 40S siro spinning price is 44000 yuan / ton.
Four. Outlook for future market
At present, the impact of cotton's large callback on viscose staple fiber is more obvious, while middlemen's low price dumping also brings a little profit to viscose prices, and the viscose stock of downstream mills is about a month. It is predicted that viscose staple fiber will have further callback under these factors.
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