This week (October 2-8), during the National Day holiday, the overall market for viscose staple fibers remained stable, prices remained stable, and the signing of orders was average. The performance of human cotton yarn was average, and there were not many orders from the yarn factory. The prices of viscose staple fiber raw materials such as dissolved pulp and auxiliary materials such as caustic soda are at a high level, with strong cost support, which has a strong supporting effect on the price of viscose staple fiber. The start-up rate of the viscose staple fiber industry has basically maintained, and the overall industry load has increased to around 79%. Manufacturers’ inventory pressure is not high, and shipments are slightly tight. Downstream people’s cotton yarn is relatively flat, with few new orders and just a need for replenishment. Overall, the shipment is stable, and the price is stable. The demand from downstream weaving manufacturers is still relatively flat, and the improvement is not significant.
Viscose staple fiber price trend chart
According to the Commodity Market Analysis System of Business Society, the price of viscose staple fiber remained stable this week (October 2-8). As of October 8, the domestic factory quotation for 1.2D * 38mm viscose staple fiber was 13480 yuan/ton, which is the same as last week’s price.
In terms of cost: This week (October 2-8), the prices of raw materials such as dissolved pulp and acid-base remained stable at high levels. Hunan and Shandong manufacturers produced broadleaf dissolved pulp, and the quotation for domestic dissolved pulp was raised to around 7500-7600 yuan/ton. The transaction volume for imported broadleaf dissolved pulp was 860 US dollars/ton, and that for needle leaf dissolved pulp was around 870-880 US dollars/ton.
Supply demand: The operating rate of the viscose staple fiber industry is basically maintained, and the overall industry load has risen to around 79%. The inventory pressure of manufacturers is not high, and shipments are slightly tight. The human cotton yarn factory mainly consumes inventory, and the enthusiasm for replenishment is currently not high. The human cotton yarn is relatively flat, and there are not many new orders that just need to be replenished. Overall, shipments are stable.
Downstream cotton yarn market
This week (October 2-8), the overall market for human cotton yarn remained stable, with stable prices and average overall sales. As of October 8th, the average ex factory price of human cotton yarn (30S, ring spun, first class) was 17650 yuan/ton, which is the same as last week’s price. There are not many new orders that just need to be restocked, and the overall shipment is average. The demand from downstream weaving manufacturers is still relatively flat, and the improvement is not significant.
Future Market Forecast
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The textile market is currently in a traditional peak season, with strong cost support. The inventory of the viscose staple fiber industry is at a medium to low level, which is expected to bring a strong boost to the price of viscose staple fibers. Analysts from Business Society predict that in the short term, the overall market for viscose staple fibers and rayon yarn will be relatively strong, and prices will slightly increase.