Manufacturers Intend To Price Sticky Staple Fiber Temporarily Stabilize Prices.

According to the price data of business associations, the average price of 1.2D*38mm viscose staple domestic market was 11962 yuan / ton as of July 11th, rising 1.92%, or 225 yuan / ton, down 19.98%, or 2988 yuan / ton. Dachang intends to set up a price, the middle end big factory quotes 11500-12000 yuan / ton, the high-end big factory quoted price is 12300-12500 yuan / ton, the big negotiable negotiable amount is bigger.

Upstream cotton lint prices remain stable. During the rainy season this year, the weather was normal and there was no continuous rainfall. The cotton rose well and the output was expected to be acceptable. In addition, the local cotton prices as a result of futures fluctuations, the overall performance of light, basically no deal. Because of poor profitability, low start-up rate, short output of lint and high price of cottonseed, all support short staple market. However, affected by environmental protection inspection, downstream factory operation rate is relatively low, and import short price is low, manufacturers purchase high price short staple carefully, market transaction is limited, pressure on domestic short staple price, short cotton short staple or stability is expected. In terms of dissolving pulp, the price is still in a weak position, because some of the previous pulp factories have stopped production and maintenance, and the transaction price is low, maintaining about 6500 yuan / ton.

The average price of the downstream 30S cotton yarn in Shandong area was 17450 yuan / ton, down 0.71%, or 125 yuan / ton, down 14%, or 2840 yuan / ton. The middle end factory quoted 16500-17000 yuan / ton, and the high-end factory quoted 17000-17500 yuan / ton. Because viscose is still in a state of loss, dragging yarn market. Prices of Shandong, Henan and other places were mainly stable, and some yarn prices dropped slightly, and market pessimism shrouded. Many manufacturers said that the recent orders did not improve significantly, especially after the cotton futures and reserve cotton prices fell sharply, yarn prices stagnated. Manufacturers say they have a lot of pressure on stock and expect prices to continue to fall this week.

Sino US economic and trade consultations usher in new progress. Yesterday morning, the Ministry of Commerce announced that the Sino US economic and trade consultations took the lead. Trump said that the United States hopes to properly resolve trade problems between the two countries through consultation, and the US will no longer impose new tariffs on China's exports. This news has brought good omens to the market, but because of the many variables in Sino US trade negotiations, it is uncertain whether cotton will bottom out. The upper cotton lint is always warm, and the downstream yarn is difficult to go stock. The downtrend is obvious. The situation is less favorable for viscose staple, and the manufacturers are interested in the price. The market is expected to maintain the current price in the short term, maintaining around 12000 yuan / ton.