This week (May 22-26, 2023), downstream demand for viscose staple fibers was average, while upstream raw materials remained strong and stable. Factories showed strong willingness to back up prices, while viscose staple fiber prices remained stable. The overall market performance remained calm. Downstream people’s cotton yarn is still lukewarm and sluggish, with weak market demand and mainly relying on demand orders, resulting in stable prices.
| Azodicarbonamide (AC foaming Agent) |
According to the Commodity Market Analysis System of Business Society, the center of gravity of viscose staple fiber prices has slightly shifted upwards. As of May 26th, the factory quotation for 1.2D * 38mm viscose staple fiber in China is 13360 yuan/ton, which is the same as last week’s price.
In terms of cost: The production cost of viscose staple fibers has not changed much, and the raw materials are maintained, with limited cost support. The price center of raw material dissolved pulp remains stable, with the domestic market mainly maintaining stability. Downstream procurement is based on demand, and businesses often execute early orders, with stable shipments being the main focus.
Downstream cotton yarn market
| povidone Iodine |
Human cotton yarn is relatively stable, with average transactions and prices basically maintained. However, some enterprises have reduced prices and promotions under inventory pressure. According to the analysis system of the commodity market of the Business Society, as of May 21, the average ex factory price of human cotton yarn (30S, ring spinning, first-class product) was 17566 yuan/ton, and the price remained unchanged.
Future Market Forecast
Recently, the market performance of viscose staple fibers has been calm, with companies still focusing on executing orders and firm offers. It is difficult for terminal demand to show significant improvement in the short term, with downstream procurement being the main focus. The market has once again entered a wait-and-see period of adjustment, focusing on downstream demand. Analysts from Business Society predict that the short-term market for viscose staple fibers and rayon yarn will remain stable.
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