According to the price monitoring of SunSirs, as of September 8, 2021, the domestic ex-factory quotation of 1.2D*38mm viscose staple fiber is 12,980 yuan/ton, a decrease of 295 yuan/ton from the end of August, a decrease of 2.27%. There are certain discounts in actual transactions, and the average transaction price is around 12,600 yuan/ton.
Entering September, the trading atmosphere in the viscose staple fiber market continues to be weak, inventories continue to rise, the inventory pressure is still bearable, and the attitude towards further price reductions is very high cautious. Although manufacturers are actively raising prices, prices still continue to fall slightly. Manufacturers have different attitudes towards subsequent price strategies, and some manufacturers are pessimistic. Downstream yarn mills have limited willingness to purchase viscose, except for the immediate need to replenish their stocks.
Upstream and downstream conditions
According to SunSirs data monitoring: The spot price of softwood pulp has been mixed this week. Hardwood pulp prices fell slightly. On September 8, the average market price of softwood pulp in Shandong was 6,275 yuan/ton, a decrease of 0.36%. The average market price of hardwood pulp in Shandong on September 3 was 4,675 yuan/ton, which was lower than the average market price of hardwood pulp in Shandong at the beginning of the week (the average market price of hardwood pulp on August 29 was 4,700 yuan/ton). 25 yuan/ton, down 0.53%. Although pulp prices have picked up slightly recently, the downstream market is still in a state of urgent need to replenish stocks, and the pulp driver is still weak. It is expected that wood pulp prices may continue to fluctuate in the short term.
Downstream rayon yarn continues to cool down, prices continue to fall slightly, demand is sluggish, and manufacturers have different attitudes towards the market outlook. According to the price monitoring of the business community, as of On September 8, the average ex-factory price of rayon yarn (30S, ring spinning) in Shandong was 17,850 yuan/ton.
Forecast of the market outlook
The price trend still depends on the actual trading volume in the future and downstream demand trends. There is no obvious improvement on the demand side and the inventory is increasing. It is expected that viscose staple fiber will continue to run weakly and prices will continue to decline. </p