Viscose Staple Fiber, Polyester Staple Fiber Prices At The Same Place "Historical Low", But The Effect Is Different.

As of today's end, viscose staple fiber average price of 10300 yuan / ton, the price is genuine and low since 2010, but still can not attract market attention. On the contrary, the price of PET staple has attracted the attention of the market in the price of 6675 yuan / ton, and the feedback from the buyers is that the price of polyester staple fiber has been at a "historical low".

As we all know, synthetic fibers are basically crude oil derivatives, and there is a positive correlation between price trend and international crude oil futures. In January 2016, the average price of Brent crude oil futures was 32 US dollars / barrel, the lowest in the past years, and the average price in November 2019 is 62 US dollars / barrel, up 93.75% compared with the same period last year. The average monthly price of polyester staple fiber is 6753 yuan / ton, which is 8.29% higher than the average price in January 2016. Therefore, it is easy to see that the whole chain profit of PX-PTA-PET may have been threatened, so the industry price has certain attraction. Secondly, there is a more intuitive influence on the products related to polyester staple. The market participants can choose their own replenishment rhythm through crude oil, PTA and MEG futures. Under the "historical low" basis, once crude oil, PTA or even MEG futures are rising, they can or may lead to a batch of polyester staple fibers.

Although viscose staple is a genuine "historical low", the average monthly price of viscose staple fiber is 5300 yuan / ton, but it is 10.92% lower than the lowest in January 2015, while viscose staple fiber is 7.69% lower than that in 2015 January. Although the price of caustic soda of another main raw material is 34.59% higher than that of January 2015, the market can pay attention to the price changes of these excipients and the price of viscose staple fiber is low, but upstream raw materials and downstream cotton yarns are at a record low. The word "historical low" has a great impact on viscose staple market. Moreover, the products that are related to viscose staple fiber have a certain intuitive influence than a Zheng cotton and a pulp. However, the futures trend of both has not been very hot. Therefore, the industry is buying more viscose staple fibers based on their own market experience, judging that their yarn is not good enough to sell, and at the same time, under the buyer led years, viscose staple fiber operation is really laborious.