Last week (August 7-August 13, 2023), the downstream rayon yarn vortex spinning and other parts showed signs of recovery, the enthusiasm for signing orders increased slightly, and the price of viscose staple fiber increased slightly. The viscose staple fiber purchasing and stocking enthusiasm has increased, and viscose manufacturers have generally shipped in limited quantities on the basis of previous orders and shipments, and raised the price focus slightly. The operating rate of the viscose staple fiber industry has dropped, mainly due to the maintenance of Nanjing chemical fiber. The current overall load of the industry is about 76.6%. The market of downstream rayon yarn improved slightly, the market was a little chaotic, and some downstreams showed stocking performance, but the overall price was mainly weak and stable for the time being.
Price chart of viscose staple fiber
According to the commodity market analysis system of SunSirs, last week (August 7-August 13, 2023), the price of viscose staple fiber increased slightly. As of August 13, 1.2D*38mm viscose staple fiber The ex-factory price of fibers in the domestic area is 12,940 yuan/ton, an increase of 60 yuan/ton compared with the previous period, and a weekly increase of 0.47%.
In terms of cost: the raw material dissolving pulp market is stalemate, and the cost-end support of viscose staple fiber is limited. The price of domestic dissolving pulp is about 7100-7200 yuan/ton. The price of imported broad-leaf dissolving pulp is around US$840/ton, and that of softwood dissolving pulp is around US$850-860/ton.
Supply and demand: The atmosphere of signing orders in the market has improved slightly, the downstream has stocked up, and the purchasing atmosphere has improved. At present, the market is focusing on the sustainability of downstream demand recovery before the end of August.
Downstream rayon yarn market
Price chart of rayon yarn
Last week (August 7-August 13, 2023), the rayon yarn market as a whole operated weakly and steadily, and the price center of gravity was stable. As of August 13, the average ex-factory price of rayon yarn (30S, ring spinning, first-class product) was 17,075 yuan/ton, which was the same as the previous price. The operating rate of rayon yarn rebounded slightly to about 67.5%. Downstream demand for rayon yarn has improved slightly, there are sporadic autumn and winter orders, and some downstreams have stocking performances.
Market forecast
The cost support of raw material prices is limited, and there are signs of demand recovery, but there is insufficient confidence in the sustainability of demand recovery, but the overall mentality of the industry has improved slightly. SunSirs analysts predict that the market for viscose staple fiber and rayon yarn will continue to stabilize in the short term, and there is room for a slight increase in prices.