Viscose Staple Price Or Stable To Years Later
According to the price monitoring of business, by January 14th, the average price of 1.2D*38mm viscose staple fiber in the domestic area was 10085 yuan / ton, down 3.55%, or 372 yuan / ton, down 27.96%, or 3915 yuan / ton. Some big factories have been closed down for maintenance or leave, and the stock is low. The price of the mainstream factory is about 10000 yuan / ton, which is surprisingly consistent.
The price of domestic cotton lint is stable. The price of cottonseed is high, and the inventory of manufacturers is low, which supports short staple market. However, the start-up rate of downstream factories is low, the market demand is limited, and the price of imported short staple is low, and the price of domestic short staple is suppressed.
The downstream 30S cotton yarn in Shandong area ended January 14th, the average price of factory was 16225 yuan / ton, down 0.46%, or 75 yuan / ton, down 17.43%, or 3425 yuan / ton. The middle end factory quoted 14000-15200 yuan / ton, and the high-end factory quoted 15900-16500 yuan / ton. Sino US trade has signed a phased agreement, the market has sniffed good news, and the upward price of cotton raw materials has also led to a breakthrough in yarn prices, and the market continues to have good news supporting the continuous rise of downstream yarn prices.
To sum up, business analysts believe that there is no news on the upstream, and remain stable. A large number of production capacity of viscose in 2019 has been withdrawn from the market. Many manufacturers have already stopped production, and downstream yarn stocks are low. The intention of manufacturers is abnormal. We need to guard against high prices and prevent prices from falling rapidly.
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