Price Confusion Of Viscose Staple Fiber

After the festival, viscose staple fiber quotation confusion, bullish sentiment is strong, some manufacturers sealed plate. According to the price monitoring of the business agency, as of October 9, 2021, the factory price of 1.2D * 38mm viscose staple fiber in China was 12680 yuan / ton, an increase of 440 yuan / ton or 3.6% compared with that before the festival.

Since late September, under the influence of dual control, the operating rate of viscose staple fiber manufacturers has decreased significantly, less than 60% before the festival, which is afraid to drop to the lowest level since 2013. Due to the policy direction is still unclear, downstream people cotton yarn or appear "buy up not buy down" stock mentality, purchasing willingness has increased. Load reduction superimposed downstream procurement, viscose staple fiber de stocking process accelerated, stock in stock into a tight state.

During the national day, the overall load rate of the industry was weak. After the festival, the quotation of viscose staple fiber was confused. Some manufacturers reported 14000-14700 yuan / ton of viscose staple fiber (1.2D * 38mm), which was about 2000 yuan / ton higher than that before the festival. The quoted price was higher, which may have a certain role in boosting the market. Some manufacturers do not offer for the time being, mainly wait-and-see market, bullish sentiment is strong. Due to the tight supply of some raw materials and the local shortage of auxiliary materials, the viscose pulp purchasing intention is under pressure.

In terms of transaction, both upstream and downstream are mainly wait-and-see, with sporadic transactions and light trading atmosphere, which has not improved.

Downstream people's cotton yarn Market

Or under the influence of the expected rise of viscose staple fiber, the price of cotton yarn will rise sharply after saving, and the manufacturers may have a certain willingness to support the price. According to the price monitoring of the business association, as of October 9, 2021, the average ex factory price of renmian yarn (30s, ring spinning, first-class products) is 19000 yuan / ton, which is 2000 yuan / ton higher than that before the festival, or 11.7%. There may be stock mood in the downstream of the terminal, and the trading atmosphere may be improving, but the overall market atmosphere is relatively light, and most of them hold a wait-and-see attitude.

Future forecast

In the "double control" continuous, the chemical fiber plant load or continue to bear pressure. At the same time, due to the shortage of supply, the rise of raw material price and the decrease of operating rate after the festival, some manufacturers raised their prices, some manufacturers continued to close their plates, and the quotation of viscose staple fiber was bullish. In the situation of supply and demand decreasing, the mentality of "buy up but not buy down" may ferment. Business agency analysts expect viscose staple fiber prices to pick up in the short term, follow-up still need to pay attention to policy changes.