Viscose Staple Fiber Supply Increase Is Expected To Tighten Prices In The First Half Of 2019

In 2018, the expansion of viscose staple fiber industry in China increased by about 17% compared with the previous year. In 2019, 350 thousand tons of new capacity plans were still conservatively planned. At present, about 120 thousand tons of production capacity has been put into operation, and its products are on sale in the market.

In 2018, under the background of the expansion of viscose staple fiber industry, the volume of single enterprise's production capacity also changed. At the end of the year, the top 3 volumes were 70, 76 and 920 thousand tons respectively, and the total capacity accounted for about 51% of the total domestic capacity.

In the recent market, the viscose staple enterprises moved smoothly to the lower reaches before the Spring Festival. After the holiday, enterprises also rose by about 300 yuan / ton on schedule, but there were only a few cases in the month.

1 at the end of the month, new production capacity of enterprises was put into operation. After the festival, the products entered the market. After the holidays, the implementation process of the enterprise orders was slow. Although the presentational orders were held, the actual inventory holding pressure.

For example, a viscose staple fiber company's 270 thousand tons of production capacity have been put on the market one after another, and the products are coming into the market, and the volume of goods in the field is increasing. It is expected that the price and mentality or the whole situation will be tighter in the first half of the year, even if the turnover of cotton cloth in the past 3-5 months usually reaches the peak within a year. However, the demand is good or offset with the viscose staple supply end pressure.

Looking ahead to the year's market, the price of viscose staple fibers in the first half of the year or compared with holding pressure, accompanied by the gradual stabilization of the quality of the new production capacity of enterprises, and most enterprises do not have expansion plans for the most part of the year, and the mentality or relaxation in the second half of the year, the peak price in the year is expected to appear in 9-10 months, and with the continuous expansion of single enterprise capacity, its pricing and bargaining advantages will be more prominent.