This week (July 3-7, 2023), a new round of prices for viscose staple fiber factories has been introduced, resulting in a decrease in prices. The new prices range from 12800 to 13200 yuan/ton, with some factories offering additional discounts and rebates, and downstream customers experiencing a new round of centralized order signing. The production cost has little change, the raw materials are maintained, the cost support is limited, the price center of raw material Dissolving pulp is stable, and the domestic market is basically stable; The price of imported Dissolving pulp was basically maintained. The demand for human cotton yarn has been delayed and weak, and prices have declined slightly. Due to the high temperature and high inventory, a few yarn factories are considering shutdown and vacation, and the focus of negotiations is gradually shifting downwards.

Viscose staple fiber price trend chart

According to the Commodity Market Analysis System of Business Society, new factory prices have been introduced this week (July 3-7, 2023), and the price center of viscose staple fibers has declined. As of July 7, the domestic factory quotation for 1.2D * 38mm viscose staple fibers is 12960 yuan/ton, a decrease of 260 yuan/ton from last week’s price, a decrease of 1.97%.

Raw material market

Recently, the price center of raw material Dissolving pulp has weakened. Domestic Dissolving pulp: two manufacturers in Shandong and Hunan produce broad-leaved Dissolving pulp, and domestic Dissolving pulp is quoted at about 7100-7200 yuan/ton. Recently, the quotation of imported Dissolving pulp has remained stable, about 870 dollars/ton for broad-leaved Dissolving pulp and 880-890 dollars/ton for coniferous Dissolving pulp.

Downstream cotton yarn market

The demand for human cotton yarn has been delayed and weak, and prices have declined slightly. Due to the high temperature and high inventory, a few yarn factories are considering shutdown and vacation, and the focus of negotiations is gradually shifting downwards. As of July 7th, the average ex factory price of human cotton yarn (30S, ring spun, first class) was 17300 yuan/ton, a decrease of 100 yuan/ton compared to last week’s price. At present, it is difficult for the demand in the textile terminal market to significantly improve, and yarn enterprises are also difficult to have a strong position. They often adjust their negotiation space based on their own shipment situation.

Future Market Forecast

With the arrival of high temperatures in summer and the traditional off-season of textile production, the overall purchasing and sales atmosphere in the market is limited. With the introduction of a new round of prices in the market, short-term centralized order signing is the main focus, and the market will enter a wait-and-see adjustment period. Analysts from Business Society predict that the market for viscose staple fibers and rayon yarn will be weak and stable in the short term, with prices being mainly stable.