Viscose staple fiber price stabilized

According to the price monitoring of the business association, as of March 10, 2021, the average ex factory price of 1.2D * 38mm viscose staple fiber in China is 15860 yuan / ton. The price of viscose staple fiber tends to be stable at a high level. At present, the domestic viscose staple fiber production and marketing enterprises are booming, and the inventory is at a low level.

 

Price trend of viscose staple fiber

 

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 present. In particular, after the year, the price soared, from 12900 / T in early February to 15800 / T, an increase of 22.5%. However, since the beginning of March, the price has gradually stabilized, and the manufacturer’s quotation is basically around 16000 yuan / ton.

 

Upstream raw materials support high prices

 

On the one hand, the upstream raw material cost support is sufficient, the upstream raw material cotton linter output is less, the supply is short, the price continues to rise, the performance is stronger.

 

It can be seen from the annual comparison chart of wood pulp prices monitored by the business society that the domestic pulp prices are at a high level, and the output of pulp mills has increased. According to the data monitored by the business society, the spot price of wood pulp has been in a state of mixed rise and fall recently, but the overall trend is still on the rise. On March 4, the average market price of softwood pulp in Shandong was 7387.5 yuan / ton, while that of hardwood pulp in Shandong was 6087.5 yuan / ton.

 

On the other hand, from the perspective of the production capacity and inventory of viscose staple fiber, the production and sales of the enterprise are booming, the inventory is low and the pre-sale volume is large,

 

From the perspective of downstream demand, downstream mills are resuming production one after another, the demand is rising, the yarn delivery of downstream mills is not wadding, the price of rayon yarn is also at a high level driven by the cost, and the price is stabilizing. Since March, it has been basically around 20000 / T, and the transaction performance is good.

 

Future forecast

 

Viscose staple price high finishing, fundamentals stable, prices are still expected to rise slightly.

PVA