Last week (March 20-26), downstream procurement was cautious, viscose staple fibers were generally quiet, and the factory was firm and stable in price. In the early stage, domestic high-end manufacturers announced that they would start rotating maintenance, which slightly boosted and supported the market. Some of the market just needed to sign orders, but the overall volume was not large. The startup rate of the viscose staple fiber industry has basically maintained, with the current overall industry load of about 77.68%. It is rumored in the market that a new round of price measures may be taken by major domestic factories at the end of the month, but the price adjustment intention of viscose factories is also relatively low, and the overall wait and see is the main factor.

According to the price monitoring of the Business Society, as of March 26, the factory price of 1.2D * 38mm viscose staple fiber in China was 13320 yuan/ton, which was in line with the previous price.

Market of human cotton yarn

Last week (March 20-26), the downstream market for human cotton yarn continued to operate steadily. The downstream market for human cotton yarn was still mainly in need of procurement, and the transaction atmosphere was relatively general. The commencement of construction was basically maintained, and the recovery was not as expected. Currently, it is difficult for the end market demand to significantly improve, and it is also difficult for yarn enterprises to have a strong position. They should adjust their negotiation space based on their own shipment situation.

According to the price monitoring conducted by the Business Society, as of March 26, the average ex-factory price of human cotton yarn (30S, ring spun, first class) was 17666 yuan/ton, which was in line with the previous price.

Aftermarket Forecast

The market supply is relatively sufficient, and the overall buying and selling atmosphere in the short-term market is limited. Large viscose staple fiber factories still focus on executing early orders. In the absence of significant improvement in terminal demand, analysts from the Business News Agency predict that the prices of viscose staple fiber and rayon yarn may continue to maintain stable operation in the short term, waiting for a new round of prices to be announced at the end of the month.