Last week (August 8-15), the downstream demand continued to be sluggish, the viscose staple fiber market was deadlocked, showing a situation of price without market, and the price was stable. The operation rate of the downstream cotton yarn factory is low, and the enthusiasm for replenishing raw materials is not high. Some viscose staple fiber factories adopt the speed reduction production method to alleviate the contradiction between the current market downturn and the rising inventory, and at the same time, delay their own pulp inventory consumption. The cotton yarn price of downstream people fell, the popularity was low, and the inventory was high.

Price trend of viscose staple fiber

According to the price monitoring of the business agency, the price of viscose staple fiber was stable last week (August 8-15). As of August 15, 2022, the ex factory price of 1.2D * 38mm viscose staple fiber in China was 15400 yuan / ton, which was the same as the price at the beginning of the month. The price of human cotton yarn fell, and the average ex factory price (30s, ring spinning, first-class goods) was 18666 yuan / ton, with a price drop of 100 yuan / ton.

Cotton yarn Market

Cotton yarn price trend chart

From the analysis of the reasons, the cost support is not reduced, the market price of raw material dissolving pulp is high, and the production cost of viscose staple fiber is generally maintained at a high level. However, the downstream demand for cotton yarn is weak, showing a situation of price without market. The factory inventory increases, the factory is cautious, and the desire to stabilize the price is strong. The operating rate of the cotton yarn factory is low, around 40-50%.

Future forecast

The cost pressure is not reduced, and it is difficult for viscose staple fiber factories to make concessions. However, the textile terminal demand continues to be flat, the trading volume is always general, and the downstream order receiving volume is always general. The whole viscose staple fiber industry chain has entered a stalemate. Viscose staple fiber shows a situation of price without market, and the factory inventory increases. Most people wait for viscose staple fiber factories to introduce appropriate price policies in cotton yarn factories. Business analysts predict that viscose staple fiber prices will face downward pressure.