Summary of viscose staple fiber market in May

According to the data monitoring of business agency, as of May 27, the average ex factory price of 1.2D * 38mm viscose staple fiber in China was 9528 yuan / ton, down 100 yuan / ton, or 1.04%, compared with the beginning of May, down 22.95% year on year. Some viscose manufacturers are in the stage of production suspension, and the price remains at a high level. At the beginning of the month, the price generally falls, and at the end of the month, the price has picked up. The quotation of major manufacturers is 9200-9500 yuan / ton.

At the beginning of the month, after the May 1st Festival, the market order is general, the demand for cotton linter is weak, and the weak viscose is down. With the completion of processing in most of the cashmere processing plants in Xinjiang, the output of cotton cashmere has been gradually reduced, and the downstream purchase of cashmere is not strong, some chemical fiber plants and refined cotton plants have not yet started, and a small number of middlemen purchase, supporting the stability of the cotton cashmere Market. Due to the increase of freight after the festival and the stimulation of downstream orders, viscose generally fell 200-300 yuan / ton in the first ten days.

In late May, with the support of cottonseed oil, the price of cottonseed increased, but the processing of cotton linter was basically finished, and the cost had little impact. In some areas, chemical fiber factories and refined cotton factories returned to production, and a small amount of cotton linter was purchased, which stimulated the confidence of manufacturers in raising prices. At the end of the month, the price of cotton linter (Shandong industrial grade) was increased by about 100 yuan / ton in some areas, and the price was reported as 3500-3600 yuan / ton. At present, it is still difficult to deal in bulk, limiting the development of cotton linter market, and the market is still stable. The price of viscose in the current month is 9200-9800 yuan / ton, with general orders from manufacturers.

Downstream people cotton yarn passive, offer another step. As of May 27, the average price of 30s ring spun human cotton yarn was 14100 yuan / ton, down 700 yuan / ton, or 4.73% compared with the beginning of the month. The 30s cotton yarn manufacturer reported 12800-15500 yuan / ton. The order of human cotton yarn was general, and the price had downward pressure. However, in the near future, the cost support is strong, and the price of human cotton yarn is flat at the end of the month, entering a new stable stage. It is worth noting that since 2020, there is almost no rebound in the price of rayon manufacturers, and they have been playing defensive war.

To sum up, the viscose industry chain has sufficient supply, limited order recovery, and stable operation after basic decline. It is expected that the short-term market adjustment will not be strong, and the strategy of rayon manufacturers will remain unchanged, maintaining stable quotation.