Viscose Staple Fiber: October Will Be Stable Until Next Month.
Upper reaches
Cotton lint
Lido supported the market in October.
First, the price of cottonseed is high, the cost supports its market; secondly, the operation rate of oil and cotton plant is limited, and the proportion of cotton lint in cottonseed output is only 10-12%, output is insufficient, and there is no pressure on the delivery of oil and cotton plants. Moreover, the mainland's oil and cotton factories mostly purchase cotton seeds from Xinjiang, and the quality of cotton lint is better, and the price continues to rise. In addition, the prices of downstream products rise, and the price of cotton paddle and cellulose rises, which further supports the market of cotton lint.
Viscose staple market is still gloomy atmosphere, the overall price is weak downward, the downstream is expected to be empty, the enthusiasm of purchasing negotiations continues to be sluggish, leading to a sticky downward trend dominated by bad factors. It is expected that the viscose market will continue to weaken in November.
Price
Or the possibility of touching the bottom.
However, the current cotton lint has been washed up to a high level in the past two years, and the future growth will be limited.
As of October 31st, Shandong's quality short staple was quoted at 6600-7100 yuan / ton line; Hebei food grade cotton lint was at a high price to 6900-7200 yuan / ton, the price was no market, the quotation was more chaotic; the local high position in Xinjiang area was 5800 yuan / ton, up 100-400 yuan / ton, and a small number of pactions were achieved.
Downstream cotton yarn prices follow the raw viscose staple fiber first stable and then fall, after the festival
Sirospun
The price of the cotton yarn market is stable. Fujian's siro spinning 40S is 22800-23000 yuan / ton, and the order is in general.
In late days, with the cost of viscose collapsed, the human cotton yarn market was also in a doldrums. The mainstream products such as siro spinning, vortex spinning, ring spinning and so on were all low and the orders were missing.
Only part of the core spun yarn has a bright eye. The price of the imitation rabbit hair 28S market in Northern Jiangsu is raised to 24500-25000 yuan / ton.
By the end of the month, the price of the ring spinning 30S market was up to 20000-20300 yuan / ton, and siro spinning 40S was 22000-22500 yuan / ton.
Fujian siro spinning 40S negotiations at 22000 yuan / ton, part of the paction is slightly lower.
Close siro spinning 40S market quotation talks at 22500 yuan / ton, shipment resistance is bigger.
Because of weak orders, cotton mill inventory is generally showing an upward trend.
- Related reading
October Review: The Price Of The Cotton Yarn Market First Stabilized And Then Fell.
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