SunSirs: Viscose Staple Fiber Prices Continued to Rise (June 1)

Price trend

According to the price monitoring of SunSirs, as of June 1, 2022, the ex-factory quotation of 1.2D*38mm viscose staple fiber in the domestic region was 15,500 RMB/ton, which was 280 RMB/ton higher than previous day's price, and the daily increase was 1.84%. The average ex-factory price of rayon yarn (30S, ring spinning, first-class product) was 19,100 RMB/ton, and the price was stable.

Analysis review

On June 1, the price of raw material dissolving pulp was expected to rise, and the comprehensive cost remained high. Some viscose staple fiber manufacturers raised their offers by 300-500 RMB/ton. Some manufacturers maintained their previous quotations, and some manufacturers even quoted 16,000 RMB/ton. However, the actual negotiation had different negotiation space according to the order, and the consignment atmosphere was deadlocked. The price of rayon yarn was stable, the shipment was general, the downstream orders were limited, and the yarn inventory was still large.

The overseas market has been relatively good recently, the domestic market has a general trading atmosphere, and the supply of viscose staple fiber has maintained a certain tight balance. However, the price of viscose staple fibers conducted by the spinning mills is limited, the terminal demand has not improved, and the downstream orders are limited. At present, the finished rayon yarns are accumulating, and the local logistics are not smooth. The spot delivery of the spinning mills is still hindered, and the price negotiation degree is high.

Market outlook

Recently, the foreign dissolving pulp plant has changed greatly and the supply has continued to be tight. There is still room for the upside of dissolving pulp, and the cost has pushed up. It is difficult for viscose staple fiber factories to make concessions. However, the demand for textile terminals continues to be flat, and it is difficult to improve, and the transaction is always average. SunSirs’ analysts predict that the price of viscose staple fiber will be stable and strong, running at a high level.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com