Price trend
According to the price monitoring of SunSirs, the price of viscose staple fiber was stable this week (November 7-13). As of November 11, 2022, the factory quotation of 1.2D * 38mm viscose staple fiber in domestic areas was 13,220 RMB/ton.
The price of rayon yarn was weak and stable. As of November 13, 2022 (30S, ring spinning, first class), the average ex factory price was 17,866 RMB/ton.
Analysis review
Last week (November 7-13), viscose staple fiber continued to be weak. Most of the manufacturers made early orders for delivery, with few new orders, and the price was weak and stable. After active negotiation during this period, the transaction price of imported dissolved pulp had been introduced one after another, and the price center was adjusted to the next level. The support from the cost end of viscose staple fiber continued to weaken, and the operating rate of the industry remained low. As of the 14th, the overall load of the industry was about 65%. Downstream rayon yarn continued to be weak, with stable prices, and the overall trading atmosphere was light, and some manufacturers had planned to suspend production in advance.
Inventory and Demand: The operating rate of the industry remained low. As of the 14th, the overall load of the industry was about 65%. The overall low startup might continue under the manufacturer's deficit operation. rayon yarn continued to be weak, and the operating rate of the factory dropped slightly. The manufacturer mainly made shipments, and the overall delivery atmosphere was light. The downstream mainly purchase a small amount just in need. Some weaving mills have arranged Spring Festival holidays.
Market outlook
Viscose staple fiber factory mainly implements early order delivery, with few new orders. Textile terminal demand is difficult to improve for a while. With the weakening of cost end support and poor demand, the price of viscose staple fiber may go down again.
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