Viscose Staple Prices Rose 1.76% Compared With Early April, But The Downstream Is Short Of Real Single Support.

Judging from the overall market in April, the market of viscose staple has been rising all the way.

As of April 16th, the average price of domestic 1.2D viscose staple fiber was 12822 yuan / ton, up 1.76% from the beginning of the month, or 222 yuan / ton, down 3.67%.

The middle and high-end factories offer a price of 13000-13200 yuan / ton.

Is this price rising, a signal for viscose staple to get out of the predicament, or a "Warm Yang" before the downturn?

Upstream raw material running weak

Short staple market is weak, affected by downstream factory safety inspection, the industry starts rate is not high.

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

The price of cotton pulp market is weak, and the price of mainstream pulp plant in East China is maintained near 7000 yuan / ton. The focus of real single paction is generally down to 6750-6800 yuan / ton.

The market price of domestic dissolving pulp is generally lower, and the individual quotations of pulp mills have maintained 7100-7200 yuan / ton, but the average turnover has generally fallen below 7000 yuan / ton, and some 6800-7000 yuan / ton has small single deal.

The market price of the dissolving pulp is weak, the price of the early broadleaf is 870-880 yuan / ton, the market market talks about 850-860 dollars / ton, and the center of the needle leaf talks is 870-890 yuan / ton.

Limited production insurance to ease short-term pressure

In March 2019, when the market price of viscose staple fiber appeared 12000 yuan / ton, it initially estimated that the viscose staple fiber factory would produce a loss of 1500-2000 yuan / ton, which in a sense doubled the loss of viscose staple fiber ton profit.

When the basic stock of the industry reached 30 days, and the loss of the ton was 1000 yuan, the factories in the viscose staple industry would unconsciously carry out the "limited production and insured price" plan to maintain market confidence.

So after the limited production in some factories in the end of March, the short price quotation generally rose, the industry inventory was effectively pferred, the factory funds and inventory pressure were relieved, and some viscose factory orders exceeded the level of one month.

There is no obvious single support downstream.

There is no obvious change in the turnover of most cotton varieties in the lower reaches, and the main shipping mark of the cotton mill can basically be used until mid May. However, the turnover of polyester viscose cloth and cotton cloth has slowed down, and the demand for new viscose staple fiber is obviously insufficient.

To sum up, the viscose staple fiber industry has achieved a large inventory shift. Some factories are in a state of turning around, and the price is generally rising. The real single terminal orders have not seen the peak season for 3-4 months. It is expected that after the short term "boom", if the new price is not implemented for a long time and there is no new good stimulus, the price of the latter will not be excluded.

(source: business, import treasure)