Price trend

On the 23rd, the average domestic market price for viscose staple fiber was quoted at 13,700–13,750 RMB/ton—essentially unchanged from the previous business day—reflecting an overall trend of stability with a slight upward bias.

Market analysis

In the raw materials sector, the dissolving pulp market continued to exhibit a consolidating trend; while cost-side support remaied limited, persistently low industry inventory levels provided a certain degree of positive support from the supply side.

Downstream in the Shandong region, the market for 30S ring-spun rayon yarn had risen in tandem; the mainstream quoted price stood at 17,675 RMB/ton on the 23rd, representing a cumulative increase of over 1.5% since the beginning of the month.

Driven by price hikes in upstream viscose staple fiber, production costs for spinning mills had risen; coupled with restocking demand spurred by increasing raw material prices, yarn prices had moved upward in tandem. However, follow-through on downstream orders remained cautious, and overall market activity was dominated by purchases driven by immediate, essential needs.

Market outlook

In the short term, prices for rayon yarn are expected to remain firm, tracking fluctuations in raw material costs. Close attention should continue to be paid to trends in the raw material sector as well as changes in downstream weaving orders.

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