This week (April 17-23, 2023), the overall performance of viscose staple fibers was calm and prices remained stable. Downstream trading is still primarily in demand, and the trading atmosphere is relatively average. Factory orders are mainly shipped, and the industry’s startup rate has slightly decreased. Currently, the overall industry load is around 72%, and the rotation of large factories has increased. The overall inventory of factories is low, and the market lacks confidence in the future.

Viscose staple fiber price trend chart

According to the Commodity Market Analysis System of the Business Society, as of April 23, the factory quotation for 1.2D * 38mm adhesive staple fiber in China is 13280 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 cost support is limited. The raw material dissolving pulp market is undergoing horizontal consolidation and operation, while the domestic market is maintaining stability. Downstream procurement is based on demand, and businesses often execute preliminary orders, with stable shipments being the main focus.

Downstream cotton yarn market

Downstream people’s cotton yarn transactions are average, and the price is basically maintained. However, some enterprises have reduced prices and promoted sales under inventory pressure. According to the Commodity Market Analysis System of Business Society, as of April 23, the average ex factory price of people’s cotton yarn (30S, ring spinning, first-class product) was 17566 yuan/ton, which is consistent with last week’s price.

Future Market Forecast

At present, the performance of the viscose staple fiber market is calm, and enterprises are still mainly focused on executing orders, with firm quotations from enterprises. It is difficult for terminal demand to show significant improvement in the short term, with downstream procurement being the main focus. Analysts from Business Society predict that the short-term market for viscose staple fibers and rayon yarn will remain stable.