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SunSirs: Viscose Staple Fiber Prices Rose Nearly 5% (April 7)
April 08 2022 09:38:47SunSirs(John)

Price trend

Affected by cost pressure, the price of viscose staple fiber rose sharply on April 7, and some manufacturers even increased by 800 RMB/ton.

Analysis review

According to the price monitoring of SunSirs, as of April 7, 2022, the ex-factory price of 1.2D*38mm viscose staple fiber in the domestic region was 14,040 RMB/ton, an increase of 600 RMB/ton or 4.46% from the previous day. Some just needed downstream customers signed orders for replenishment, and the production and sales rate of viscose staple fiber improved slightly, but the market demand was still light, and the overall transaction was average.

The price of downstream rayon yarn was weak, and the trading atmosphere was sluggish. The spinning mills mainly shipped out, and the price negotiation degree was high. The operating rate of the industry entered a downward channel. As of April 7, 2022, the average ex-factory price of rayon yarn (30S, ring spinning, first-class products) was 18,266 RMB/ton.

Market outlook

The terminal demand remains flat, and it is difficult to improve. Recently, the production rate of rayon yarn has declined, and the prosperity has declined. The market will continue to have a light trading atmosphere. However, under the pressure of rising costs, the prices of viscose staple fiber manufacturers are difficult to make concessions. After this round of price increases, analysts of SunSirs predict that the price of viscose staple fiber will be dominated by finishing in the short term.

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