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Viscose staple fiber inventory low prices continue to firm

Update:02 Aug
On August 18, the viscose staple fiber commodity index was 100.16, an increase of 0.11 points from yesterday, a decrease of 0.77% from the highest point in the cycle of 100.94 points (2013-11-27), and a decrease of 86.73 points from the lowest point on March 19, 2015 An increase of 15.48%. (Note: Period refers to 2013-09-01 to present)

   2. Market analysis

   Viscose staple fiber mainly implements new quotations. The mid-end quotation is 13600-13700 yuan/ton, the actual transaction is 13500-13600 yuan/ton, and some low transactions are 13400 yuan/ton. High-end manufacturers quoted at 13,800 yuan/ton, while mainstream negotiations were at 13,700 yuan/ton, and some relatively high transactions touched 13,800 yuan/ton.

   Sateri Jiangxi and Tangshan Sanyou's rotation will come to an end. According to reports, Tangshan Sanyou will start construction tomorrow and the load will be eased. In terms of production and sales, the recent signing rate is mostly high, the inventory of the viscose industry remains low, and the overall supply is tight. At the same time, the production capacity of manufacturers is also operating at a low level, most of which maintain normal shipments, with a relatively stable mentality and firm price execution.

  3. Outlook forecast

  Business analysts believe that the inventory of the viscose industry remains low, and the price execution is relatively strong. The later stage is mainly to confirm the transaction. It is expected that the price will continue to rise slightly.