Viscose Day Down 4000 Yuan, The Market Mentality Is Not Uniform.
From November 11th onwards, the cotton slump began, and the viscose staple with cotton "started to retreat" also began to wake up. Although the price continued to be strong, the market shipments were hard to pick up, and the downstream mills were in a mood of resistance, and traders began to bulk up. A viscose manufacturer salesman complained to me that this is a tough winter in viscose industry for thousands of years.
Once, I thought that the alliance of viscose enterprises was still strong. After all, from November 11th to November 30th, the manufacturers' public quotations were still maintained, of which 1.5D quoted 31000 yuan, and 1.2D remained steady at 31200 yuan / ton. And traders are relatively stable, 1.5D offer at 29000-30000 yuan / ton. At that time, the market also agreed that viscose staple fiber can stay in the position of 28000 yuan / ton, after all, there were few viscose in the market below 28000 yuan / ton at that time. However, in December 1st, a blow completely shattered the confidence of the cotton mill. The technology of 1.5D and Li Yang first took the price of 1.5D to 27000 yuan. Traders also hasten to add insult to injury. The price of 24000 yuan / ton has already appeared in the market.
At present, low price viscose has been widely deployed in the market. Although the enquiry list has been appearing since this week, however, Bearish The sound of the market has been worsening.
High inventory hinders the growth of viscose staple fiber
The weakening of viscose also slowed down the shipment of the market. At present, the viscose stock of all manufacturers has 15-20 days, and there are 10 days. Stock Quantity. In addition, December is the traditional textile off-season, the market boom is not high, viscose staple fiber purchasing enthusiasm is also difficult to improve, and the market bearish mood is serious, many manufacturers haven't shipped for many days.
In addition, this year's cotton yarn enterprises are smiling, mainly due to the accumulation of a large number of viscose stocks. It is reported that the stock of the cotton mill is generally about a month old. Half a month The weakness of the yarn market has also delayed the replenishment of viscose staple fibers. It is estimated that the demand for replenishment of the downstream cotton mill will not come up until this month, and there will be a large number of small bills appearing in the market, and the viscose enterprises will not exclude the low price measures to attract customers in order to attract -15 10. Of course, the emerging market of low price viscose will also hamper the shipment of other manufacturers.
More new orders, increased market supply
About 600 thousand tons of viscose production capacity has been added, and the new production capacity in 2011 will continue. For example, Xiangsheng, Jiangsu, will have a 100 thousand ton project in January, and a 100 thousand ton project in Shandong will be put into operation in 3-4 next year. Plans for a 50 thousand ton short line project will be put into operation in March next year in Tangshan, and many new factories will be launched next year, including high-density silver hawk, Jiangxi Sai Deli, Xinjiang richda, Jiangxi Longda and so on. The domestic viscose staple fiber industry's capacity will rapidly expand about 800 thousand tons. The increase in capacity will lead to a sharp increase in the supply of viscose staple fiber on the market, which will affect the speed of shipment of viscose enterprises and increase the stock of enterprises, resulting in a further decline in the price of viscose staple fiber. 2010
At present, viscose staple fiber has not yet carried out substantial price reduction under the constraint of cost. However, the low profit in downstream market and the retaliatory fall also add to the haze of viscose staple fiber, and the factors of the off-season market and the breeding of market bearish sentiment have seriously dampened the confidence of short fiber enterprises, which is expected to fall to 25000 yuan at the end of this month. As the old saying goes, "where to go and where to go", viscose staple should return to his rational position.
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