Last week (July 18-24), viscose staple fiber continued to run in a stalemate, prices fell, factory inventories increased, and the market was facing downward pressure. Manufacturers actively support prices, most of them offer stable prices, and most of them say they would rather reduce production than reduce prices. Some viscose staple fiber factories adopt the method of reducing production speed, so as to alleviate the contradiction between the current market downturn and rising inventory, and delay their own pulp inventory consumption. The number of factories signing orders was limited, and the production and sales were weak, which began to fall into a stalemate. Most cotton mills believed that the price of viscose staple fiber was difficult to maintain the current situation. Downstream cotton yarn prices fell significantly, popularity was relatively low, trading was light, and the overall inventory of the industry was still rising.

Trend chart of viscose staple fiber price

According to the price monitoring of the business club, as of July 24, 2022, the domestic ex factory quotation of 1.2d*38mm viscose staple fiber was 15580 yuan / ton, and the price fell. The price of cotton yarn fell significantly, (30s, ring spinning, first-class products) the average ex factory price was 18866 yuan / ton, down 234 yuan / ton from last week, a weekly decline of 1.22%.

According to 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 demand for cotton yarn from downstream people is light, showing a situation of price without market, the factory inventory increases, the factory mentality is cautious, and the willingness to stabilize the price is strong.

Aftermarket forecast

The cost pressure is not reduced, and it is difficult for viscose staple fiber factories to make concessions, but the demand for textile terminals continues to be flat, the trading volume has always been general, and the downstream order taking volume has always been general, and the whole viscose staple fiber industry chain has entered a stalemate. Viscose staple fiber showed a trend of price without market, and factory inventory increased. Business analysts predicted that the price of viscose staple fiber would face downward pressure.