According to the price monitoring of the business agency, as of August 18, the average ex factory price of 1.2D * 38mm viscose staple fiber in China was 8833 yuan / ton, up 133 yuan / ton or 1.53% compared with the price on August 11, with a year-on-year decrease of 24.26%. The market quotation of cotton linter is still firm, and the price of viscose staple fiber has recovered in different degrees, with an increase of 100-500 yuan / ton, and the mainstream quotation is at 8600-9000 yuan / ton.

In the first ten days of August, the start-up rate of cotton oil plant was at a relatively low level, and there was no inventory pressure on cotton linter. In addition, the high price of cottonseed supported the price of cotton linter. However, considering that the demand of the downstream market this year may not be as high as that in previous years, which to a certain extent drags down the cotton linter market. It is expected that the short-term cotton linter price will be stable, and the market effect caused by the coming textile traditional peak season may stimulate the rise of cotton linter.

On August 18, the commodity price index of viscose staple fiber and man-made cotton yarn was 93.46, which was the same as yesterday, 6.89% lower than 100.38 (2019-07-21), and 10.04% higher than the lowest point of 84.93 on January 05, 2020. (Note: cycle refers to the period from January 1, 2019 to the present)

As of August 18, the average ex factory price of 30s cotton yarn in Shandong Province was 13300 yuan / ton, a decrease of 433 yuan / ton or 3.16% compared with the price in early August, and a year-on-year decrease of 22.67%. Due to the usual orders, people cotton yarn prices to weaken. Although the price of viscose staple fiber rose, but the number of orders was less, most of them were nominal quotations. People’s cotton yarn returned to rationality, and high price cotton yarn fell by 500 yuan / ton. Considering that the order of jinjiuyin-10 is likely to pick up and the enterprises need to recover funds, the quotation will gradually return to the real market. The high quotation will be lowered, and the low quotation will try to be raised. The actual transaction price of renmian yarn is expected to rise.

Business agency analysts believe that cotton linter prices are strong, viscose prices are showing signs of recovery, low-priced cotton yarn is picking up, high-level people put a low attitude. With the advent of the traditional peak season, the manufacturers have a strong mentality of supporting prices. It is expected that the staple fiber prices will be stable in the near future.