Following the sharp drop in viscose staple fiber prices last week (a drop of nearly 1,000 yuan/ton), this week (December 6-10), the viscose staple fiber market continues to run weakly. Manufacturers are under great pressure to save, but they are willing to raise prices. Stronger, under the influence of the continued weakening of downstream consumer demand, the price of viscose staple fiber continued to decline weakly.
According to the price monitoring of SunSirs, as of December 10, 2021, the domestic ex-factory quotation of 1.2D*38mm viscose staple fiber is 12,860 yuan/ton, which is 320 yuan/ton lower than the price last Friday, a decrease of 2.43%. From November 28 to December 10, the price of viscose staple fiber fell from 14,140 yuan/ton to 12,860 yuan, a drop of 1,280 yuan/ton, a drop of as much as 9.05%.
Upstream linters and pulp market
Due to the weakening viscose staple fiber market, the quotations of raw material pulp fell slightly, and chemical fiber factories are still negotiating with pulp agents. Inquiries for domestically produced dissolving pulp are limited, trading volume is under pressure, and prices are loosening along with imported pulp. In the spot market, recently, the average price of broadleaf dissolving pulp in the external market is around US$910/ton, and the price of domestic dissolving pulp is 6,500-7,000 yuan/ton. The actual transaction can be negotiated. The transaction was poor.
Downstream rayon yarn market
This week (December 6-10), rayon yarn has been weakly consolidated, with strong sentiment, but the trading atmosphere is weak and downstream terminal demand is weak. According to the price monitoring of SunSirs, as of December 10, 2021, the average ex-factory price of rayon yarn (30S, ring spinning, first-class product) is 18,700 yuan/ton, a price drop of 266 yuan/ton from last Friday (December 3) Yuan/ton, a decrease of 1.4%.
Judging from the current market situation, rayon yarn mills seem to be still not very receptive to viscose staple fiber that has significantly reduced prices. Due to insufficient order demand, yarn mills and traders continue to adjust yarn prices. The lack of orders continues to squeeze the prices of upstream raw materials. The terminal downstream demand is slightly insufficient, making it difficult to support prices. The overall market atmosphere is relatively light, with most holding a wait-and-see attitude.
On the other hand, the product inventory of downstream textile mills is becoming more and more obvious. In addition, the cash flow pressure is high before the Spring Festival. Textile mills have begun to clear their warehouses and collect payment, and their willingness to purchase rayon yarn has dropped significantly.
Market outlook forecast
According to the experience of previous years, there will be a wave of “Little Indian Spring” market in the raw material market in December to restock stocks for the Spring Festival. If the domestic epidemic situation eases and downstream consumer confidence recovers, terminal textile mills will start to replenish stocks for the Spring Festival. Viscose staple fiber There is still hope for the market outlook. The recent trend of the short-term market mainly depends on the upstream and downstream games and the demand of downstream terminals. In the short term, the wait-and-see mood for viscose staple fiber is strong, and the stocks of spinning mills are relatively sufficient, and the willingness to purchase viscose staple fiber is limited. The volume and price of rayon yarn are both soft, and the trading atmosphere is declining. It is expected that the short-term viscose staple fiber and rayon yarn prices will mainly go down, and prices may continue to decline slightly.
</p
