Slow Down Of Market And Weak Finishing Of Viscose Staple Fiber

In the short run,

The 1 million 500 thousand ton / year PTA installation of the upstream Tong Kun petrochemical company was unexpectedly shut down due to plant failure in the evening of November 4th. It is expected to stop for 8-10 days.

And its own pet POY4+2 Fraternity Association and the industry's low inventory plus favorable impact, is expected this week the industrial chain shock is strong.

Viscose staple fiber prices continued to decline this week. Up to now, the viscose staple fiber market of 1.5D*38mm has been quoted at 16130 yuan / ton, a decrease of 2.89% compared with 16610 yuan / ton in the beginning of the week, up 9.73% over the same period last year.

Monday viscose staple market prices continue to be weak finishing, some viscose factories to cater to the downstream purchasing psychology, monthly policy has an enlarged trend.

The real single buyout price continues downward, the middle end mainstream quotation is 16000-16200 yuan / ton, the high end official quotation is still 16500 yuan / ton, the real single more single talk, the individual low rumours and the middle end price are equal.

after

Manufacturers' monthly policy is becoming more and more popular.

The chaos is slightly convergent.

Downstream purchases are still shrinking or first considering the monthly policy.

At the end of the week, the quotation is 15800-16000 yuan per ton at the middle end, the center of high end is 16000-16100 yuan / ton, and the individual is lower than 16000 yuan per ton. The low end of the middle and low end is lower than 15500 yuan / ton.

At present, cottonseed prices are high and cost is high, and the current supply of cotton short goods is still relatively limited.

Due to the sharp rise in the prices of downstream products, the cottonseed plant is still strong in its short staple price. Up to now, the quality of Shandong short staple is in the line of 6600-7100 yuan / ton, with no market price and few pactions.

Hebei food grade cotton lint high price to 6900-7200 yuan / ton, the price has no market, the quotation is more chaotic.

The price of the downstream cotton yarn market continued to fall, and the 30S price of Xiaoshan's ring spinning cotton yarn was 20000-20200 yuan / ton, and some of the real negotiations had fallen below 20000 yuan / ton.

Fujian siro spinning 40S negotiated at 22000 yuan / ton, part of the paction is slightly lower, shipments greater resistance.

The price of products sold to Pu Yuan core spun yarn only in Northern Jiangsu Province is acceptable. The price of the imitation rabbit hair 28S market is discussed at 24500-25000 yuan / ton.

Liu Hongyan, a business analyst, predicted that the monthly policy of viscose manufacturers will be widespread, and the market prices will slow down. And the unexpected shutdown of a viscose factory in Shandong has a slight impact on the market supply in the short term. It is expected that the viscose staple will show a weak pattern in the short term.

Judging from the overall fundamentals of the chemical fiber market, short term profits dominate. As the recent crude oil market continues to fall and the chemical fiber market is down, the support of the cost side will continue to weaken. At the same time, the downstream terminal has gradually entered the traditional sales off-season, and most of the purchases are mainly rigid demand, so the market price of chemical fiber will be weak.