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SunSirs: Viscose Staple Fiber Rose Slightly in Early January, and Rayon Yarn Slightly Recovered
November 20 2020 09:27:56SunSirs(Linda)

According to SunSirs price monitoring, as of November 19, the domestic average ex-factory price of 1.2D*38mm viscose staple fiber in China was 10866 yuan/ton, an increase of 100 yuan/ton from the beginning of November, an increase of 0.93% and a year-on-year decrease of 0.57%. At the end of October, due to the blessing of orders, the upstream cotton linters rose sharply, but then the downstream chemical fiber operating rate was average, and the cotton linters' upward upward movement was limited. Viscose staple fiber was shipped at holding prices after rising.

In early November, cotton linters rose sharply for a short period of time. Afterwards, due to the fluctuation of cotton seed prices, the cost of raw materials dropped slightly. Downstream chemical fiber plants and refined cotton plants were operating poorly. The enthusiasm for purchasing cotton linters was cooled down. weaken. The current output of cotton linters is limited, and there is no pressure on inventory for the time being. In the short term, cotton linters will remain stable, with local fluctuations.

As of November 19, the average ex-factory price of 30S rayon yarn in Shandong was 15,000 yuan/ton, a decrease of 66 yuan/ton from the price at the beginning of November, a 0.44% decrease and a year-on-year decrease of 8.95%. The rayon yarn market in November failed to continue the glory of October. Most of the factory quotations remained at around 14,500-15,500 yuan/ton, and then stagnated, and some companies showed signs of making profit. The upstream viscose performed smoothly, with the mainstream price at 11,000 yuan/ton. The demand for rayon and cotton is weak, and orders are more general. Most of the inventory is consumed, and the willingness to purchase has declined.

SunSirs analysts believe that new orders for rayon yarns are average, and viscose shipments have also been reduced. Procurement of raw materials is more on-demand. The viscose and rayon yarn market has entered a stalemate stage of holding prices. Viscose is expected to remain stable.

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