SunSirs: Downstream of Viscose Staple Fibers mostly Maintain Just-needed Purchases

Last week, the market price of dissolving pulp, the main raw material of viscose staple fibers upstream, did not fluctuate significantly, and the cost side was still supported. Downstream enterprises mostly maintained just-needed purchases. At the beginning of the week, the wait-and-see atmosphere in the market was strong, and the speed of goods was average. The viscose staple fiber market maintained stable operation, and the price was stable with small fluctuations.

According to the commodity market analysis system of SunSirs, as of June 8, the average market price of viscose staple fibers was 13,360 RMB/ton, which was the same as the price in the same period of the previous week.

Cost: Last week, the market price of raw material dissolving pulp did not change much, the market price of auxiliary material liquid alkali rebounded slightly, the market price of sulfuric acid continued to fall, the market price of raw materials fell narrowly, and the average production cost of viscose staple fibers decreased slightly.

Supply and demand: The operating rate of viscose staple fiber manufacturers was stable during the week, and the supply volume of the industry was stable. The downstream cotton yarn market was in a strong wait-and-see atmosphere, and prices were mainly stalemate. The terminal market orders are insufficient, and downstream yarn enterprises still have a certain amount of raw material inventory. In addition, the finished product inventory is high, and the order is mainly signed in small quantities on demand, and the demand side has not improved.

Market forecast

Raw material side: The main material dissolving pulp market may operate weakly and steadily, the auxiliary material liquid alkali market may have an upward trend, and the sulfuric acid market may remain stable. Therefore, it is expected that the market price trend of viscose staple fiber raw material will be different this week, and the cost side will be generally supported.

Supply and demand side: The operating rate of the viscose staple fiber market may not fluctuate much, and the inventory level of some manufacturers is high. Therefore, it is expected that the supply side of the viscose staple fiber market will not be well supported in the short term; downstream yarn mills mainly consume raw material inventory, and have little willingness to replenish raw materials. They may maintain rigid demand purchases, and it is difficult to improve the demand side. Therefore, it is expected that the demand side of the viscose staple fiber market will perform poorly this week.

On the whole, the main raw material dissolving pulp market may consolidate in a weak position, the purchasing enthusiasm of the downstream yarn market is difficult to increase, and the trading atmosphere in the market is expected to be flat. It is expected that the domestic viscose staple fiber market will be stable with small fluctuations this week, and the price is expected to be 13,000-13,400 RMB/ton acceptance.

If you have any enquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.