Viscose Staple Fiber Bottom Stabilizes &Nbsp; The Industry Is Warm And Cold.
Last week (from July 25th to 29th), viscose staple prices were flat, mainstream varieties were still 17900 yuan / ton, viscose filament prices fell by 1.68% to 46800 yuan / ton.
Since July,
Viscose
Short fiber prices are slowing down, and the downstream mills are willing to take delivery. Judging by market participants, the prices of viscose staple fibers are showing signs of bottoming out.
But when the price of viscose will be able to get out of the bottom area and turn upward, the market divergence is relatively large. The overcapacity of the industry is still the biggest concern.
"In July, the customers in the lower reaches were better than those in June, and prices were relatively stable, and there was no decline."
Australian Ocean Technology (002172) stakeholders told reporters.
Australian ocean technology is one of the most competitive viscose staple fibers enterprises in China.
First textile network editor in chief Wang Cheng analysis, viscose staple fiber prices are obvious signs of bottoming, viscose staple fiber at the current price of 17000 yuan to 18000 yuan, the industry is more serious losses, continue to decline has little room.
The loss caused a large number of enterprises to reduce production, and the new supply and demand balance was basically formed after the reduction of production.
Because the industry is
profit
During the peak period, the phenomenon of blind expansion is serious. The biggest pressure of price increase in the future is still overcapacity.
After entering August, the viscose staple fiber industry will gradually enter the peak demand season.
Shenyin Wanguo report thinks that the price rebound of viscose staple fiber needs to wait for the peak season of industry. But with the reopening of maintenance capacity and the release of new capacity, viscose staple fiber prices will increase sharply, and the possibility of continuous prosperity will be less.
As cotton prices are highly correlated with viscose staple prices, CIC said that the most important signal waiting for the price and profit of viscose staple is to stabilize cotton prices.
Last week, cotton prices continued to slump, down about 4.6%, and the price of each ton was around 20 thousand yuan. Cotton prices in some areas have fallen below the minimum purchase and storage price of 19800 yuan / ton in the country.
For stability
cotton
The market expectation of producers and operators and cotton enterprises to protect the interests of cotton growers is that China plans to carry out temporary cotton storage and storage system in 13 cotton main producing areas from September 1st to March 31st next year, normalizing the measures to temporarily collect and store lint cotton in main cotton producing areas.
However, the biggest difference in the market is whether the cotton price is a substantial support for cotton price.
Recently, Wang Qian, who has been to Shandong and other cotton producing areas, said that there are still many uncertainties affecting cotton prices.
The price trend is currently in a dilemma: down and down the space is not large; upward, lack of demand pull.
From the survey situation, the downstream demand of cotton is still not up. The pressure of cotton mill stock is relatively large, and terminal consumption has not improved.
September ~10 month is the normal picking period of cotton in northern China.
Although the increase of cotton planting area is relatively determined this year, the specific output increase will depend on the weather changes in the future.
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