Can Viscose Staple Fiber "Silver Ten" Be Expected?

Since May, viscose staple fibers have been kept in a narrow range within the range of 11800-12400 yuan / ton. In 5-6 months, the 1.5D price has successfully stood on the platform of 12000 yuan / ton, and the price of 1.2D has been more than 12300 yuan / ton, but the price has returned to 11800-12250 yuan / ton in July.

7-8 months, industry production and sales performance is good, manufacturers inventory in a low position, the price back to 12000-12400 yuan / ton high, but the middle end price in 12000 yuan / ton, high-end 12300 yuan / ton after the paction order reduced obviously, it seems to have experienced 7-8 months of price regression.

From the point of view of supply in October, the starting rate of viscose staple fiber continued to rise, and remained high at around 88% in September.

After entering October, Heng Tian Hai Long and Dandong chemical fiber will start upgrading.

Australian ocean or small scale round trip plan in October, Sili 100 thousand tons of new capacity plan continued to postpone, is expected to start in October will remain high.

From the middle of 9 to the end of the month,

Operation situation.

In addition to some large single signed manufacturers, some preliminary orders in the first 7-8 months have been implemented.

Transport tensions in Xinjiang also ease with the past of the fruit season.

After the Mid Autumn Festival, although the quotations of manufacturers still have tentative pull up, production and sales are shrinking.

In the middle end, the newly signed production and sales are at 4-5, and the high-end is 7-8.

If the status of signature is not improved, there will be upward pressure on later inventory.

Downstream demand, the 7-8 month tour mill market slightly recovered, but also driven some of the demand.

In addition, part of cotton yarn pfer to cotton yarn also brings some demand.

After entering the September, the cotton yarn market is slowing down. With the landing of the cotton policy, some customers in the early stage of production will return to cotton yarn.

National Day holiday, the northern cotton mill generally because of insufficient funds and orders, extended holiday time, mostly in the vicinity of 7-10 days, the south part of the cotton mill can still maintain production or holiday for 2-3 days.

Overall demand for viscose staple has been lighten.

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Judging from the beginning of this year, pulp supply still maintains a pattern of oversupply. Pulp at home and abroad shows a unilateral downward trend. The 4 quarter still shows no signs of bottoming, and it is also difficult to reflect the price support of viscose staple fiber.

Another domestic

Obviously, the economic indicators are not ideal.

And the expectation of stimulating growth has gradually subsided.

Commodities are going down all the way, capital chains are tight or some business is being inhibited.

After the landing of cotton policy, the domestic and foreign cotton futures are going down for a long time. Zheng cotton main 1501 contracts are more than 13000 yuan / ton, and there will be downward pressure on viscose and even the entire chemical fiber textile.

Overall, after the October National Day holiday, some stock of viscose plant will have upward pressure. It is expected that the price will be returned to 12000 yuan / ton and 12300 yuan / ton below.