Last week (December 27, 2024- January 5, 2025), the adhesive short fiber market maintained stable operation. The price trend of upstream raw material market has slightly declined, the cost side support has weakened, the supply in the market has increased narrowly, the purchasing enthusiasm of downstream factories is not high, and they are holding onto the demand for replenishment in multiple aspects. Operators mainly execute the previous contracts, and the price of adhesive short fiber market has been consolidating horizontally.
| Gamma-PGA (gamma polyglutamic acid) |
According to the Commodity Market Analysis System of Shengyi Society, as of January 5th, the average market price of viscose staple fiber was 13820 yuan/ton, which was the same as the same period last week.
Cost of raw materials: Last week (December 27, 2024- January 5, 2025), there was little change in the market price of raw material dissolution slurry, while the prices of auxiliary liquid alkali and sulfuric acid markets fell to varying degrees. The center of gravity of raw material market prices fell, and the average production cost of adhesive short fibers significantly decreased.
Supply inventory: Last week (December 27, 2024- January 5, 2025). The operating rate of the adhesive short fiber industry remains at around 86.3%, with a slight increase in production compared to last week. During the week, the pre maintenance equipment for adhesive short fibers in Shandong region has resumed full load operation, and the on-site supply has increased; In addition, the early orders on site are coming to an end, and the enthusiasm for replenishment in downstream markets is not high, resulting in a slowdown in the overall flow of goods and a significant increase in inventory levels.
On the demand side: The downstream cotton yarn market has a strong wait-and-see atmosphere, with prices remaining stagnant and consolidating. Although we are at a new stage of signing contracts, the demand in the end market is weak, downstream yarn companies have insufficient orders, yarn manufacturers are holding onto essential orders in multiple dimensions, and purchasing enthusiasm is difficult to increase. It is difficult to find favorable support from the demand side.
Market forecast:
The main material dissolution slurry market and auxiliary material liquid alkali market may be in consolidation operation in the later stage, and there is a downward expectation in the sulfuric acid market; Supply and demand side: The adhesive short fiber market is expected to maintain stable operation, with high on-site supply and increased inventory levels. In the short term, the performance of the adhesive short fiber supply side is still acceptable; The demand in the terminal market is weak, coupled with the approaching Spring Festival holiday, downstream yarn factories or multiple parties may hold onto the demand side and sign contracts, making it difficult for the demand side to have favorable support. Overall, the main raw material market is expected to operate steadily, with limited support on the cost side. Downstream cotton yarn factories are signing orders as needed, making it difficult for the demand side to improve significantly. With mixed news on the market, analysts from Shengyi Society predict that the focus of the domestic viscose staple fiber market will shift downward in the short term, with a decline expected to be between 100-300 yuan/ton.
| http://www.lubonchem.com/ |