Last week (June 6-12), the price of viscose staple fiber continued to rise due to the rising price of dissolved pulp and better export. The prices of some factories increased by 200-500 yuan / ton. The quotation of 1.2d*38mm manufacturers was about 15600, and the supply remained balanced. The cotton yarn price of downstream people rose slightly, and the transaction atmosphere improved, but the trading volume was limited, the shipment was average, the downstream orders were limited, and the yarn inventory was still large.

Trend chart of viscose staple fiber price

According to the price monitoring of the business club, as of June 12, 2022, the domestic ex factory quotation of 1.2d*38mm viscose staple fiber was 15640 yuan / ton, which was 140 yuan / ton higher than that at the beginning of last week (June 6), a weekly increase of 0.90%. The price of cotton yarn rose slightly (30s, ring spinning, first-class products), and the average ex factory price was 19166 yuan / ton, up 66 yuan / ton compared with the price at the beginning of last week (June 6), a weekly increase of 0.35%.

From the analysis of the reasons, the cost is well supported, the market price of raw material dissolving pulp is high, and the production cost of viscose staple fiber remains at a high level as a whole. At the beginning, the export of viscose staple fiber was good. Because the export price was higher than the domestic price, and the economic benefits were good, some enterprises had higher enthusiasm for export. The supply of viscose staple fiber has maintained a tight balance. Recently, the inventory has declined rapidly, and the manufacturer is cautious. Last week (June 6-12), the spot prices of softwood pulp and hardwood pulp were on the rise as a whole. On June 12, the average market price of softwood pulp in Shandong was 7202 yuan / ton, up 0.31% compared with the average price at the beginning of the week (on June 5, the average market price of softwood pulp was 7180 yuan / ton). On June 12, the average market price of broad-leaved wood pulp in Shandong was 6700 yuan / ton, an increase of 0.45% compared with the average price at the beginning of the week (the average market price of broad-leaved wood pulp on June 5 was 6670 yuan / ton).

Downstream cotton yarn Market

Trend chart of cotton yarn price

Last week (June 6-12), the price of human cotton yarn rose slightly, and the negotiation atmosphere improved. Some customers made positive inquiries. At the same time, human cotton yarn factories also began to actively put forward factory prices. However, the trading volume is limited, the shipment is general, the downstream orders are limited, and the yarn inventory is still large. As of June 12, 2022, the average ex factory price of cotton yarn (30s, ring spinning, first-class products) was 19166 yuan / ton, up 66 yuan / ton compared with the price at the beginning of last week (June 6), a weekly increase of 0.35%.

Aftermarket forecast

Recently, foreign dissolving pulp devices have changed greatly, but the supply is still tight, the cost is pushed up, and it is difficult for viscose staple fiber factories to make concessions. However, the demand for textile terminals continues to be flat, and the trading has always been average. The analysts of the business community predict that the price of viscose staple fiber will run at a high level.