As of June 28, the average factory price of Yayon(30s and ring spinning) was 17620 yuan / ton, down nearly 500 yuan / T compared with June 21, down 2.79%, up 25.72% year on year. Cotton yarn prices continued to fall this week.

On June 27, the Rayon commodity index was 85.04, which was flat with yesterday, down 22.07% from 109.12 (March 12, 2017), the highest point in the cycle, and 33.42% higher than the lowest point of 63.74 on September 10, 2020.

From the upstream viscose staple fiber, the price of viscose staple fiber has increased nearly 1 times in half a year from 8300 yuan per ton in August last year to 16000 yuan per ton at the beginning of the year. Especially after the Spring Festival, prices soared, rising from 12900 / T in early February to 15800 / T, up 22.5%. But since March, the price has gradually stabilized, and the manufacturer’s quotation is basically 16000 yuan / ton. Since April, the market has been weak, the transaction is light, and the price has continued to decline slightly. 1.2d*38mm viscose staple fiber has fallen 19.8% from 15840 yuan / ton in early April to 15140 yuan / ton at the end of April, and then to 12700 yuan / ton on May 31. From the beginning of April, the market atmosphere of viscose staple fiber is light, domestic demand is general, and export is not optimistic; The trading of viscose filament is weak, the factory inventory increases, the price is loose, and the epidemic has a great impact on India export, and market people are pessimistic about the latter market. After May 1, viscose fiber is still weak. The adhesive factory carries out price reduction promotion, and the transaction volume is large, and the inventory pressure has slowed down.

Business analysts believe that although the number of days of viscose staple fiber inventory held by the people cotton yarn factory is higher than that of the same period last year, it has been declining gradually. From the perspective of the 730 average of business agency, the downward trend of the 7-day average crossing the 30-day average line starts after 2021/3/21, but the current two average lines have a trend of going in the opposite direction. According to the measurement of 2021/6/20, the probability of change of operation situation (i.e. 30 day average on the 7-day average) in the next 7 days is 51.54%.