As of April 12, the average ex factory price of rayon yarn (30s, ring spinning) in Shandong Province was 19500 yuan / ton, down about 200 yuan / ton or 1.01% from the beginning of April. In April, the market of renmian yarn failed to maintain the stability of March, the price fell, 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 15800 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.

Upstream viscose staple fiber Market

From the historical data, the price of viscose staple fiber is at a high level. According to the price monitoring of the business community, as of April 9, 2021, the average ex factory price of 1.2D * 38mm viscose staple fiber in China is 15720 yuan / ton, which is 140 yuan / ton lower than that at the end of March. 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%. Since March, prices have gradually stabilized.

Business analysts believe that the new orders of rayon yarn are general, the inventory has increased, the cost of raw material viscose staple fiber is at a high level, the purchase of raw materials is mostly on demand, and the market of viscose and rayon yarn has entered a stalemate stage. It is expected that cotton yarn will be weak in the later period.