Lower Demand Weak Viscose Staple Fiber Prices Continue To Decline

According to the price data of business associations, the average price of 1.2D*38mm viscose staple domestic market was 11100 yuan / ton as of October 27th, rising 0.40%, or 56 yuan / ton, down 27.29%, or 4166 yuan / ton. Dachang quoted at 11100-11500 yuan / ton, the actual transaction and quotation difference is bigger, actually clinch a deal in 10500-10800 yuan / ton.

Most of the domestic cotton lint prices in the upper reaches remained stable and fell locally. Imports of short staple prices are low, manufacturers purchase domestic short staple carefully, in addition, downstream factories have low start-up rate and limited market volume, all of which suppress domestic short fiber prices, but the mainland's oil refineries stop their production due to environmental protection or limit their retreating space. The quality of Shandong's high-quality cotton lint is 3700-3800 yuan / ton, and the local price is down 50 yuan / ton last week. Shanxi's quality is better than the last week's price of 4200 yuan / ton, and there is no market price; Jiangxi's price is reported to 3800 yuan / ton, and the local price is 3500 yuan / ton, flat, and there is no market price. Cotton lint is expected to be stable or medium.

The average price of the downstream 30S cotton yarn in Shandong area was 16500 yuan / ton, down 1.93%, or 325 yuan / ton, down 18.94%, or 3855 yuan / ton. The middle end market price is 15000-16000 yuan / ton, and the high-end market price is 16000-16800 yuan / ton. Recently, although it is still in the peak season of golden nine silver ten, the sales volume of some yarn has been decreasing. The reasons are as follows: first, domestic and international clothing and weaving enterprises mainly focus on low profits and short lists; second, the basic quality of low-quality yarns purchased by Southeast Asian mills is unable to meet the requirements of Chinese textile mills, resulting in reduced orders; third, the prices of yarns are basically stable.

To sum up, business analysts believe that most of the cotton lint is stable and local down. Downstream cotton yarn in golden nine silver ten in the peak season, sales have quietly dropped. The viscose market is running smoothly, the actual order transaction is not effective. In addition, Funing, Jilin and other devices restart and Heng Tian Hailong are fully parking at the end of this month. This will ease the mentality of the operators appropriately, reduce the output of the mainstream factories, and shorten the quotations of manufacturers, and the actual implementation is relatively difficult.