The Demand Is Difficult To Pick Up, Viscose Staple Fiber To Survive In The Rain And Mire.
Recently, the viscose staple fiber market is running poorly, mainly because of the low turnover of domestic cotton yarn. As of May 9th, the average export price of viscose staple fiber was 12300 yuan / ton, down 0.95% from mid April, or 500 yuan / ton. Will the viscose staple market continue to fall if market expectations are weakening?
The upstream market is stable and strong.
Upstream futures lint low pre operation, spot market stability is the main. The operation rate of oil and cotton plants is generally low, and the supply of cotton short goods is limited. However, due to environmental constraints, the start-up situation of downstream chemical fiber factories and refined cotton mills is not good, market purchasing is prudent, and the price of imported cotton lint is low, which will restrict the formation of domestic cotton lint.
In the purchase and sale of sawing, cotton lint has been maintaining stable pattern temporarily. The quality of cotton short staple in Shandong is quoted at 3500-3900 yuan / ton, and the individual high price is 4300 yuan / ton. The market quotation of Henan is rather chaotic, and there are few pactions, and the quoted price is 3900 yuan / ton. It is expected that the cotton lint will remain stable and strong in the later stage.
The supply side is relatively stable.
From the supply situation of viscose staple market, in May, there were 100 thousand tons / year equipment in eastern and Northwest China, and although there were neutralization, there were also 100 thousand ton / year equipment in Southwest China.
The new capacity situation, in addition to the new line in Funing, followed by the first phase of Jiangxi 250 thousand tons / year project is also expected to put into operation, in addition, the import of goods also has a certain impact on the domestic low-end viscose staple market.
The off-season is expected to be near.
After entering May, the downstream cotton yarn is stable, but the paction shrinkage. On the 6 day, the cotton yarn of 30S in a factory in Shandong was quoted at 19300 yuan / ton (including tax ex factory price). Compared with April 30th, the price has not changed at all. The sales volume is still good, the volume is much, and the turnover is slightly favorable. Henan factory 30S cotton yarn daily 18000 yuan / ton (cash price) out of the factory, compared with April 30th prices have not changed, the volume of pactions a slight discount. With the advent of the off-season, the whole yarn market will hardly improve in the short term.
Enterprises should be cautious and strive for survival in storm and muddy conditions.
To sum up, the upstream cotton lint market is stable and strong, stable operation; the domestic cotton yarn has been slack in the lower reaches, the price has dropped slightly, the demand for foreign markets has decreased, the price has stopped rising and stabilized, and the overall yarn market has been running weak. In addition, the supply and demand of the industry has been decreasing in the off-season, and the price of the viscose market is expected to decline. The price will continue to fall, which will decrease by 200-300 yuan / ton.
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