Last week (December 11-17), the trading volume of viscose short fibers was light, and the market remained stable with stable prices. Manufacturer orders are being shipped, and sporadic new orders for essential needs are being completed. The operating rate of the adhesive short fiber industry is basically maintained, and the overall industry load is currently around 81.7%. Downstream cotton yarn shipments are facing difficulties, inventory is increasing, and most loss making operations are leading to increased plans for early holidays. Most market participants generally believe that prices may still be slightly lowered.
According to the commodity market analysis system of Business Society, last week (December 11-17), the overall price of viscose short fibers remained stable. As of December 17, the domestic ex factory quotation for 1.2D * 38mm viscose short fibers was 13180 yuan/ton, which is the same as the previous week’s price.
In terms of cost: Last week (December 11-17), the price of dissolved pulp remained strong and stable, with no new import prices for dissolved pulp. The negotiated transaction for broadleaf dissolved pulp was maintained at around 900 US dollars per ton, while the negotiated transaction for coniferous dissolved pulp was around 920 US dollars per ton. Domestic Hunan manufacturers produce dissolved slurry, Shandong equipment maintenance, quoted around 7500-7800 yuan/ton, stable price, actual order negotiation.
Supply and demand: The operating rate of the adhesive short fiber industry has remained stable this week, and the overall industry load is currently around 81.7%. Downstream procurement enthusiasm is low, sporadic orders for replenishment are needed, and there is a slight increase in inventory pressure on manufacturers. The human cotton yarn factory mainly consumes inventory, and the enthusiasm for replenishment is currently not high. The human cotton yarn is relatively flat, and there are not many new orders that require replenishment. Overall demand continues to be weak.
Downstream cotton yarn market
Last week (December 11-17), human cotton yarn continued its weak performance with low trading volume, and the overall focus of negotiations continued to decline slightly, especially in areas such as vortex spinning and airflow spinning. Sales are poor, overall shipments are slowing down, and the operating load of human cotton yarn is basically maintained at around 67%, with a slight increase in inventory. Most small factories maintain production in a state of slight losses, with some under significant pressure. The market lacks confidence in the later stage, and some small factories have partial intentions to reduce or stop production under pressure from multiple parties. The market generally believes that there is little improvement before the Spring Festival, or there is a possibility of further decline. As of December 17th, the average ex factory price of human cotton yarn (30S, ring spinning, first-class product) was 17150 yuan/ton, a decrease of 25 yuan/ton from last week, with a weekly decrease of 0.15%.
Future Market Forecast
The price center of raw material dissolution slurry is strong, with strong cost support, but the market procurement enthusiasm is still not high. Downstream demand continues to be weak, with most small factories maintaining production in a slightly loss state. Some small factories are under great pressure, and some have intentions to reduce or stop production. The market lacks confidence in the later stage and is bearish on the market before the Spring Festival. Business Society analysts predict that in the short term, the market for viscose short fibers and artificial cotton yarn will continue to operate weakly, with prices mainly experiencing a slight bearish decline.
| http://www.polyvinylalcohols.com |