Viscose Staple May Market: The Beginning Of The Month Fell, The Price At The End Of The Month Has Been Warmer.

According to business data monitoring, as of May 27th, the average price of 1.2D*38mm viscose staple fiber in the domestic area was 9528 yuan / ton, down 100 yuan / ton compared with the beginning of May, or 1.04%, down 22.95% from the same period last year. There are viscose manufacturers in the production stage, prices remain high, the general decline at the beginning of the month, the price at the end of the month has been warmer, the main factory's quotation is 9200-9500 yuan / ton.

After the May 1 holiday, the market order was generally low, the demand for cotton lint was weak and the viscose weakness was down. As the processing of most of the short staple processing plants in Xinjiang has basically ended, the output of cotton linter has been gradually reduced, and the purchase of short staple in the downstream has not been very strong. Some chemical fiber factories and refined cotton plants have not been started yet, and a small number of middlemen are purchasing to support the stabilization of the cotton linter market. As a result of the increase in postage freight and the stimulation of downstream orders, viscose generally fell 200-300 yuan / ton in early days.

In late May, cottonseed prices were raised under the support of cottonseed oil, but the processing of cotton lint was basically over, with little cost. Part of the chemical fiber factory, refined cotton plant resumption of production, a small amount of cotton lint purchase, stimulate manufacturers to raise confidence. At the end of the month, the local area increased by about 100 yuan / ton, and the cotton lint (Shandong industrial grade) price was reported at 3500-3600 yuan / ton. At present, volume trading is still more difficult, limiting cotton staple market development, and the market is still dominated by stability. Viscose prices in the month of 9200-9800 yuan / ton shock, manufacturers generally order.

Downstream cotton yarn passive, quotes to a further level. As of May 27th, the average price of 30S ring spun cotton yarn was 14100 yuan / ton, down 700 yuan / ton compared with the beginning of the month, or 4.73%, 30S cotton yarn manufacturer reported 12800-15500 yuan / ton, the general order of cotton yarn and the downward pressure on the price. But the cost is strong in the near future, and the price of cotton yarn at the end of the month is flat, entering a new stable stage. It is worth noting that since the entry of 2020, the quotation of the cotton producers has almost no signs of rebounding, and has been on the defensive.

To sum up, the viscose industry chain, supply is sufficient, orders warm up, after the basic section of stable operation, it is expected that the short-term market adjustment is not big, the strategy of the cotton manufacturer is unchanged, and the price stability is quoted.