Viscose staple fiber prices stable in March, manufacturers actively support prices

According to the price monitoring of the business association, as of March 31, 2021, the average ex factory price of 1.2D * 38mm viscose staple fiber in China is 15860 yuan / ton. The price remained unchanged throughout March, but the market atmosphere was light. Although the manufacturers offered high prices, there were few actual transactions. The price of viscose staple fiber traders is far lower than the factory price, but at present, the factory has not carried out price reduction operation, actively supporting the price. The factory inventory has an increasing trend, and the domestic and foreign sales are relatively weak in the early stage,


Gamma Polyglutamic Acid

According to the survey, the price of viscose staple fiber has nearly doubled from 8300 yuan per ton in August last year to 16000 yuan per ton at present. In particular, after the year, the price soared, from 12900 / T in early February to 15800 / T, an increase of 22.5%. However, since March, the price has gradually stabilized, and the manufacturer’s quotation is about 16000 yuan / ton.


Upstream cost raw material Market


Viscose staple upstream raw material cost high support, March upstream raw material cotton staple price basically stable, although slightly downward, but still high.


Viscose staple fiber upstream wood pulp prices are also high in recent years. Domestic pulp price stable, less supply. By observing the market changes, the overall price of wood pulp in early March is still in an upward trend. On March 1, the price of pulp futures once rose to 7652 yuan / ton, reaching a new high since listing. But then the futures price briefly callback, after the pulp futures market price basically in 7100-7400 range back and forth, but the price is still in a relatively high state. Around the middle of March, the price of wood pulp began to rise and fall slowly. Until the end of the month, the price was in a state of correction.


Annual comparison of hardwood pulp prices


Downstream cotton yarn Market


According to the price monitoring of the business community, as of March 31, 2021, the average ex factory price of rayon yarn (first class; 30s; 1 share; ring spinning) in China is 19625 yuan / ton. Although the price is stable, the market is weak and the transaction is light.


Future forecast


On the premise that the upstream raw material cost of viscose staple fiber tends to be stable, the actual transaction is less, and the inventory tends to rise, although the manufacturer has a high price offer, it does not have the market representativeness. Business analysts believe that viscose staple fiber later stable weakening fundamentals, prices will have a small drop adjustment, but the range is limited, after all, there is high cost support.

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