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    Excess Capacity Still Needs To Digest Viscose Staple Fiber Price Stability Is Weak.

    2019/10/22 12:25:00 0

    Viscose Staple Fiber Price


    According to the price data of business associations, the average export price of 1.2D*38mm viscose staple in the whole country was 11062 yuan / ton as of October 21st, rising 0.31%, or 34 yuan / ton, basically flat, down 27.70% from the same period, or 4238 yuan / ton. Dachang quotes between 11200-11400 yuan / ton, the overall price rebounded slightly, the market turnover atmosphere improved.

    The price of domestic cotton lint is stable and local falls, the rate of start-up of the oil plant continues to increase, and the supply of cotton lint is increasing. However, the price of imported cotton lint is low, and the domestic short staple made by manufacturers is more prudent, resulting in the price of domestic cotton lint is difficult to recover. Most cotton oil plants have their own long-term and stable source of customers, whose price is limited, and the short price of cotton is stable and weak in the short term.

    Under the current market price, viscose staple fiber can be observed from the following aspects: first, under the current market price, from 18 to November to now, nearly 1 years, viscose price loss is very serious, the loss amount is about 1500 yuan / ton. At present, the demand for downstream yarn is limited. Gold nine silver ten has not brought large transactions to the market. Some manufacturers have chosen to make profits and change quantities to ease inventory pressure. Second, as a substitute for viscose staple fiber, cotton has always been the only choice for manufacturers to produce raw materials. In the past two years, the price of the viscose staple fiber has dropped sharply, and it has been going on for a long time to stimulate demand. Third, the average daily operating rate of viscose staple fiber is 8. The utilization rate of viscose has reached 9.5, and there is still a lot of capacity to be released.

    The average price of the downstream cotton yarn 30S in Shandong area was 16550 yuan / ton, 2.07% below the ring, or 350 yuan / ton, down 18.78%, or 3827 yuan / ton. The price of the middle end factory is 15200-16000 yuan / ton, and the price of the high-end factory is 16800-17500 yuan / ton. At present, the stock of yarn grey market is about 40 days, and the supply of raw cotton yarn in the lower reaches of Xinjiang has increased. The price of the local cotton yarn Market in the mainland has declined. At present, spinning enterprises continue to take inventory as the main reason to maintain production, and purchase raw materials with the purchase. The phenomenon of "golden nine silver ten" is still very difficult.

    To sum up, business analysts believe that the upstream domestic cotton lint price is stable and weak, maintaining a consistent style. Although the stock pressure of viscose industry has been alleviated for a while, the output is still increasing. In the long run, the surplus capacity of the industry still needs time to digest, and the market continues to be vulnerable to adjustment. The stock market of the downstream yarn is still high, and it is still dominated by inventory, so viscose staple fiber is still weak in the long run.

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