Last week (June 19-25, 2023), viscose staple fiber performance was flat, manufacturers ordered shipments, prices were basically maintained, the wait-and-see mentality was stronger under weak demand, and downstream procurement intention was light. In addition to the recent inventory pressure of individual factories, other manufacturers are relatively controllable. The price of raw material dissolved pulp weakened, and the overall cost support weakened. Downstream human cotton yarn trading slowed down, cotton mill losses under the production enthusiasm is not high, the price is stable, the overall load has a downward trend.

According to the commodity market analysis system of the business community, last week (June 19-25, 2023), the viscose staple fiber price center of gravity is stable, as of June 25, 1.2D*38mm viscose staple fiber domestic factory offer is 13,240 yuan/ton, the same as the price last week.

Raw material market

The price center of gravity of raw material dissolved pulp is weakening, and domestic dissolved pulp: Shandong and Hunan two manufacturers produce broadleaf dissolved pulp. The price of imported dissolved pulp was lowered, and the broadleaf dissolved pulp part was traded at $870-880 / ton, and the coniferous dissolved pulp at $880 / ton.

Downstream rayon yarn market

The downstream demand for rayon yarn is light, the shipment of yarn mills is slowing down, the market is weakening, the price is stable, the transaction is general, the inventory pressure of products is gradually increasing, and the overall load has a downward trend. Local enterprises have a price reduction promotion phenomenon under inventory pressure, according to the commodity market analysis system of the business community, as of June 25, the average price of human cotton yarn (30S, ring spinning, first-class products) is 17,450 yuan/ton, the price is stable. At present, the textile terminal market demand is difficult to have a significant change, yarn companies are also difficult to have a strong as, according to their own shipments to adjust the negotiation space.

Future market forecast

The overall buying and selling atmosphere of the short-term market is limited, and the new round of centralized signing of the market is over. In the case of terminal demand has not improved significantly, the market will enter the wait-and-see adjustment period, business analysts expect in the short term viscose staple fiber, rayon yarn market is weak and stable, the price is stable.