Following the sharp decline in the price of viscose staple fiber last week (a decline of nearly 1000 yuan / ton), this week (December 6-10), the viscose staple fiber market continued to operate in a weak position, and manufacturers were under great pressure, but they were willing to support the price. Under the influence of the continuous weakening of downstream consumer demand, the price of viscose staple fiber continued to decline in a weak position.
| Thiourea |
According to the price monitoring of the business society, as of December 10, 2021, the domestic ex factory quotation of 1.2D * 38mm viscose staple fiber was 12860 yuan / ton, a decrease of 320 yuan / ton or 2.43% compared with last Friday. From November 28 to December 10, the price of viscose staple fiber fell from 14140 yuan / ton to 12860 yuan / ton, down 1280 yuan / ton, down as much as 9.05%.
Upstream staple and pulp Market
Due to the weak market of viscose staple fiber and the slight decline in the quotation of raw pulp, the chemical fiber factory is still negotiating with the pulp agent. The inquiry of domestic dissolved pulp is limited, the trading volume is under pressure, and the price is loose with the imported pulp. In the spot market, recently, the average quotation of broad-leaved dissolved pulp in the outer market is around 910 US dollars / ton, and the price of domestic dissolved pulp is 6500-7000 yuan / ton. The actual transaction can be negotiated. The deal was not good.
Downstream cotton yarn Market
This week (December 6-10), people’s cotton yarn was in weak finishing, and the hope was strong, but the trading atmosphere was weak and the downstream terminal demand was weak. According to the price monitoring of the business community, as of December 10, 2021, the average ex factory price of human cotton yarn (30s, ring spinning, first-class products) was 18700 yuan / ton, down 266 yuan / ton from last Friday (December 3), a decrease of 1.4%.
From the current market situation, it seems that the acceptance of viscose staple fiber with obvious price reduction is still not high. Due to the insufficient order demand, the yarn prices of yarn mills and traders continue to adjust. Due to the insufficient orders, the upstream raw material prices continue to be squeezed. The downstream demand of the terminal is slightly insufficient, and the price support is difficult. The overall market atmosphere is relatively light, and most of them hold a wait-and-see attitude.
On the other hand, the accumulation of products in the downstream textile mills is becoming more and more obvious. Coupled with the high cash flow pressure before the Spring Festival, the textile mills began to clear their warehouses and collect money, and their willingness to purchase human cotton yarn decreased significantly.
Future forecast
According to the experience of previous years, there will be a “little sunny spring” market in the raw material market in December. If the domestic epidemic situation eases, the downstream consumer confidence recovers, and the terminal textile factory opens to replenish the inventory for the Spring Festival, the future market of viscose staple fiber is still possible. The recent trend of viscose staple market mainly depends on the upstream and downstream game and the demand of downstream terminals. The short-term wait-and-see mood of viscose staple fiber is strong, the inventory of the yarn factory is relatively sufficient, and the willingness to purchase viscose staple fiber is limited. The quantity and price of rayon yarn are soft, and the trading atmosphere is down. Business analysts expect that the short-term viscose staple fiber and cotton yarn market will mainly be sorted downward, and the price may continue to decline slightly.
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