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    Viscose Staple Prices Fell 8.82% In March, Will The Market Turn For The Better In April?

    2019/4/4 12:10:00 10262

    Viscose Staple Fiber PriceViscose Staple Fiber Market

    Since March, the market price of viscose staple has been straight down, and the price has been approaching a new low of 3 years.

    At the beginning of March, with the increase of industry inventory and the pressure of the new market, the viscose staple fiber manufacturers had strong intention to ship, low price list appeared frequently, and the market price declined all the way.

    With the introduction of the monthly knot policy, the purchasing power of the downstream business is good, leading to a rebound in production and sales, and the price of viscose staple fiber is bottoming up.

    By the end of 3, the price of mid end products was 12000-12500 yuan / ton, and high-end products were concentrated in 12400-12500 yuan. Compared with February, the price dropped by 1180 yuan / ton, or 8.82%.

    Then, will the viscose staple market improve in April?


    Weak upstream performance


    Under the influence of Xiangshui factory explosion, Jiangsu refined cotton plant has more environmental protection and limited production, and the demand is reduced.


    Long velvet price performance is weak, Shandong 3700-3750 yuan / ton, Xinjiang 3050-3200 yuan / ton.

    Cotton pulp prices are weak, and East China's demand for viscose factories is limited.

    Huadong pulp factory continued its low load operation, and the quoted price dropped to 7000 yuan / ton, and the actual paction volume was close to 6800 yuan / ton.

    Domestic dissolving pulp showed a stalemate. The nominal price of the pulp factory maintained 7100-7200 yuan / ton. The focus of the downstream discussion is more than 7000 yuan / ton or less, and the pulp factory has a strong mentality of selling at a low price.


    Industry load drop

    Due to the impact of the explosion of Xiangshui chemical plant in Jiangsu, the chemical industry in Northern Jiangsu has intensified the investigation, and the load of the industry has been reduced. In addition, the high storage pressure of the industry has not been alleviated. The mainstream manufacturers' willingness to stop production has increased significantly. During the recent period, Xiaoshan's hallida parking, silk Liya, Chengdu Liya, Funing Australia ocean, Manasi Australia ocean, Jilin chemical fiber, Manasi Shun Quan, Heng Tian Hai Long and other factories have all shut down operation. It is expected that the industry load will be reduced to 75% after the late maintenance plan is implemented.


    Inventory fell slightly, production and sales rebound


    In terms of production and marketing, with the introduction of policies at the end of the month, viscose staple production and sales have been warmer, and partial volume has been achieved, especially for high-end manufacturers.

    Inventory, because the production and sales continued to decline at the beginning of the month, resulting in a significant increase in industry inventories, more factory inventory for more than 1 months, with the end of the month, the production and sales of the warmer, industry inventories declined, at this stage inventory in about 28 days.


    Steady downstream market

    The overall price of downstream cotton yarn is stable, 32S keeps selling well and J21s sells.

    Polyester / viscose yarn stabilized smoothly.

    Polyester cotton yarn prices are stable, 80/2045s mobile sales larger.

    Human cotton yarn 30s movable pin is used to produce diamond cotton fabric. Other trading volume is not big. Viscose staple fiber price is steadily rising. The central price is about 12350 yuan / ton. It is expected that the cotton yarn will be adjusted in the near future.


    To sum up, at the present stage, a certain stock of spinning enterprises can be held until the end of April and the middle of May. The new price of viscose staple fiber market is limited, and the center of gravity of short-term prices continues to move upward. It is difficult for some enterprises to increase their production limits, and the industry load is down.

    (source: Dongfang textile, Jinqiao textile net)

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