Recently, the trading atmosphere of viscose staple fiber has continued to be weak, and the downward pressure on prices is greater. The quotations of mainstream manufacturers have not changed yet. Some manufacturers are bearish on the market outlook and have lowered prices to boost sales. According to the price monitoring of SunSirs, as of November 10, 2021, the domestic ex-factory quotation of 1.2D*38mm viscose staple fiber is 14,320 yuan/ton, which is 100 yuan/ton lower than last week’s price.
Upstream short staple and pulp market: The load of the viscose staple fiber industry continues to run at a low level, coupled with factors such as pulp production capacity expansion, some dissolved pulp is in a wait-and-see state. There are few inquiries for domestic dissolving pulp, the trading volume is under pressure, and the price has loosened again following the imported pulp. As of November 9, 2021, the market price of softwood pulp is 5,100 yuan/ton, and the market price of hardwood pulp is 4,510 yuan/ton.
The trading atmosphere of downstream rayon yarn has weakened, terminal downstream demand has been weak, and the industry’s operating rate has increased rapidly, causing prices to fall. As of November 10, 2021, the average ex-factory price of rayon yarn (30S, ring spinning, first-class product) is 19,166 yuan/ton, which is about 100 yuan/ton lower than last week’s price.
Recently, the operating rate of viscose staple fiber has increased, supply expectations have increased, coupled with sluggish downstream demand, the trading atmosphere has turned weak. The viscose staple fiber inventory of downstream spinning mills is acceptable, and the purchase demand for viscose staple fiber is not urgent yet. SunSirs analysts predict that the short-term viscose staple fiber market will be under greater downward pressure, and prices may continue to loosen and decline. </p