Viscose Staple Fiber: The Point Arrives Half A Month Ahead Of Schedule, And The Strength Of Warehouse Building Is Discounted

In the first ten days of May, a wave of periodic concession of viscose staple fiber ushered in a phased stabilization process, but the bottoming stage at that time did not end. According to market expectations, the bottoming or formation in the middle and late June was near 12500 yuan / T, and even if the price was allowed at the end of May, the price was still above 13000 yuan / ton acceptance.

However, from May 27, 2021, news about the new price of viscose staple fiber began to spread. Until 28, spinning enterprises in Jiangsu, Zhejiang, Shandong and Henan provinces successively received new price adjustment notices. The price of high-end viscose staple fiber dropped from 14300 yuan / ton to 12700-12900 yuan / ton, with the strength as high as 1500 yuan / ton. On the 29th, another large high-end factory decreased from 14200 yuan / ton to 12700 yuan / ton, The decline was 1500 yuan / ton.

The point position is about half a month ahead of the market expectation. The current "one-step" adjustment mode does make the market slightly unable to adapt, which is equivalent to making the preparation cycle of yarn enterprises advance about 15 days. However, if the previous rhythm is followed, the spinning enterprises can prepare goods for about 2 months before and after the Dragon Boat Festival when the price is around 12500 yuan / ton, but this time it is half a month ahead of schedule, Most of the yarn enterprises are still in the pessimistic state of mind. There is no sign of improvement in the market after the Qingming Festival and labor day. However, it is not clear what kind of situation will come after the Dragon Boat Festival. In addition, the current RMB exchange rate and shipping charges have troubled the market. Therefore, spinning enterprises may consider preparing raw material orders until the end of July, That is to say, the average purchasing days of each company are about 45 days, 15 days less than the previous expectation.

In any case, after this transaction, the price of viscose staple fiber manufacturers, whether they have previously held orders or just held new orders, are not expected to continue to decline in nearly January. During this period, if the export orders of spinning and weaving still do not improve, it may lead to the price adjustment of viscose staple fiber in July again.