Viscose Staple Prices First Rose And Then Fell In June.

According to the price monitoring of business, by June 30th, the average price of 1.2D*38mm viscose staple fiber in the domestic area was 9457 yuan / ton, down 71 yuan / ton compared with the beginning of June, or 0.75%, down 17.76% from the same period last year. Due to the high price of cottonseed, the operating rate of oil and cotton plants is low, and the output of cotton lint is limited. In June, the price of cotton lint rose, the viscose staple fiber went up smoothly, but downstream demand support was poor.

In the early June, cottonseed resources were tight and dealers were reluctant to sell. At the same time, the operation rate of the oil and cotton plant is limited, the output of cotton lint is limited, the manufacturers hold the price, and the low price of the stock continues to rise. But the US epidemic has rebounded, and the global epidemic is still dragging down the economy. Reflected in the downstream chemical fiber plant, refined cotton plant procurement is still difficult to volume, the price of human cotton yarn is low, restricting the development of cotton lint market, stable in late June. Market turnover is still active and low yield angle force, it is expected that cotton lint will remain relatively stable.

According to the statistics of business associations, the price index of viscose staple and cotton yarn in June 29th was 95.96, down 0.44 points from yesterday, down 4.40% from 100.38 points (2019-07-21) in the cycle, up 12.99% from the 84.93 lowest point on 2020 05. (Note: cycle 2019-01-01 to date)

From the price trend chart of viscose staple fiber and cotton yarn, we can see that the price of viscose staple fiber has risen and fallen in June, while the price of cotton yarn of tourists has gone down unilaterally and there is no sign of rebound. In May, the situation of viscose and cotton yarn fell sharply. In June, the market was stable and volatile compared with May. As of June 30th, the average price of 30S cotton yarn in Shandong area was 13867 yuan / ton, down 67 yuan / ton compared with the beginning of June, or 0.48%, down 19.73% from the same period last year. A few orders for human cotton yarn, resulting in sticky glue, raw materials can not keep it, prices fall. Demand dominates the market, after all, high price quotation is meaningless. Market prices still have a large deviation, according to their own orders and funds, manufacturers offer strategies are different, some people cotton yarn quotes remain at 14000-15000 yuan / ton high, also has 125000-13500 yuan / ton low grade.

Business analysts believe that the viscose manufacturers are not sure about the trend of July. On the one hand, cotton lint starts low and supplies are limited. On the one hand, the downstream is depressed, and prices are showing a downward trend. Some factories simply stopped the production of viscose and left the market struggling. The recent outbreak in the US is noteworthy, and the trade environment is still poor. It is expected that viscose and cotton yarn will be weakened in July.