According to the price monitoring of the business association, as of April 30, 2021, the average ex factory price of 1.2D * 38mm viscose staple fiber in China was 15140 yuan / ton, down 720 yuan / ton or 4.45% from the end of March. In April, the market of viscose staple fiber was weak, the market atmosphere was light, and the factory inventory increased. Affected by the original cost of raw materials, the manufacturers actively supported the price, some factories implemented monthly settlement, and there were basically no new orders, so the inventory began to accumulate. Throughout April, although the manufacturers actively supported the prices, the prices continued to drop slightly. Most manufacturers said that they were in a state of no market at present.

According to the survey, the price of viscose staple fiber has nearly doubled from 8300 yuan per ton in August last year to 16000 yuan per ton at the beginning of the year. In particular, after the year, the price soared, from 12900 / T in early February to 15800 / T, an increase of 22.5%. However, since March, the price has gradually stabilized, and the manufacturer’s quotation is about 16000 yuan / ton. Since April, the market is weak, the transaction is light, and the price has continued to fall slightly. From 15840 yuan / ton at the beginning of April to 15140 yuan / ton at the end of April, the price has decreased by 720 yuan / ton, or 4.45%.

It is reported that since the beginning of April, due to the shortage of raw material supply, the production line of a large high-end factory in the North has been arranged to be overhauled in turn, in which the output of Spunlaced non-woven fiber has been reduced by 35%, and that of textile fiber has been reduced by 20%. The market atmosphere of viscose staple fiber is light, the domestic demand is general, the export is not optimistic, the trade and investment of viscose filament is weakening, the factory inventory is increasing, and the price is loose. It is expected that the epidemic will have a greater impact on the export to India, and the market participants are pessimistic about the future.

Cotton linter and wood pulp market in upstream

Since April, the price of cotton linter has been stable, but the price is still high, and the market transaction performance is light. At present, the price of Shandong Long velvet is 4700-4800 yuan / ton.

At present, the supply of softwood pulp in the market is tight. According to the data monitoring of business news agency, the average market price of hardwood pulp in Shandong on April 29 was 5250 yuan / ton, down 250 yuan / ton compared with the average market price of hardwood pulp in Shandong at the beginning of the month (the average market price of hardwood pulp on April 1 was 5500 yuan / ton), down 4.55%.

Annual comparison of hardwood pulp prices

Downstream cotton yarn Market

The sales of yarn factory were poor, the quantity and price of rayon yarn fell, and the inventory of factory continued to increase. According to the price monitoring of the business association, as of April 30, the average ex factory price of rayon yarn (30s, ring spinning) in Shandong was 18650 yuan / ton, which was about 1000 yuan / ton lower than that in early April, a decrease of 4.87%. In April, the market of renmian yarn failed to maintain the stability of March, the price continued to fall, the market was weak, the transaction was light, and some enterprises showed signs of making profits. However, the upstream viscose staple fiber is stable and weak, and the mainstream quotation is 15100 yuan / ton. Rayon cotton downstream purchasing willingness decline, weak demand, mainly to consume inventory.

Finished product inventory of rayon yarn: in the first quarter of 2021, the final inventory days of rayon yarn reached 12.2 days, and the inventory still showed an increasing trend. At present, the inventory level has exceeded the level of the same period of last year.

Start up rate of rayon yarn industry: in the first quarter, the end start-up rate of rayon yarn was 85%. In the second quarter, there was the May Day holiday. Under the premise of weak market demand and high upstream viscose staple fiber cost, the start-up rate of rayon yarn industry or passive decline.

Rayon staple fiber orders held by rayon yarn decreased: Although rayon staple fiber orders held by rayon yarn are higher than the same period last year, they have gradually declined. According to this rhythm, it is expected that there will be a certain rigid demand for rayon staple fiber in the market around May Day.

Future forecast

On the premise that the inventory of viscose staple fiber continues to rise, the market demand is light. It is expected that the viscose staple fiber will continue to be weak, and the price is easy to fall but difficult to rise; Downstream cotton yarn market is weak, viscose staple fiber no demand support, market pessimistic attitude, prices are expected to fall slightly.