Sticky low inventory prices effectively pull up

In the first week of August (8.4-8.8), viscose staple fiber manufacturers had low inventory levels and the price rose slightly. Due to low price of viscose staple fiber manufacturers at the end of July and early August and concentrated downstream replenishment, the overall market production and sales momentum is good, and the inventory of viscose staple fiber manufacturers has dropped to a lower position. With this support, on August 4th, Sanyou Chemicals Nearly 10 factories including Satellid, Aoyang Technology and Fulida raised the price of viscose staple fiber 100 yuan/ton, and the market price was generally raised. The mainstream implementation of the market in the mid-end increased to 11,900 yuan / ton, some higher implementation to 12,000 yuan / ton position, the implementation of the relatively low price of Xinjiang products also increased 100 yuan to 11,800 yuan / ton; high-end implementation intention to restore to 12300 Yuan/ton, slightly lower at 12,200 yuan/ton. However, viscose staple fiber manufacturers have mostly implemented pre-orders, and the market has been trading in new orders. The main reason is that orders in the downstream gauze market have not improved. They are still generally bearish. The purchase of viscose staple fibers just needs to be cautious. However, the implementation attitude of the manufacturers is relatively firm, and the focus of market transactions has been effectively increased. The implementation of manufacturers' single-dispenser prices is basically in place, and some suppliers have a slight discount of over 100 tons. On August 8, the price of viscose staple fiber was at 11,860 yuan/ton (compared with the spot price of domestic 3128B grade cotton at the time of 5255 yuan/ton, and the spread was narrowed). This week, the price rose slightly by 50 yuan/ton, or 0.42%.

In respect of raw materials, the market price of short staples rose steadily, due to the impact of crushing losses and raw material purchases, the operating rate of oil plants was still not high, the output of cotton linters decreased, and the supply of some short fleece products was tense. Pull up. At present, the mainstream of long velvet negotiated at 2950-3050 yuan / ton, a higher turnover of 3100-3200 yuan / ton. The focus of short velvet transaction was maintained at 2500-2600 yuan/ton, and some of the poorer quality was at 2400 yuan/ton. Downstream demand-based replenishment.

However, the market price of cotton pulp continued to fall. Higher market turnover in the 6130-1650 yuan / ton position, the market mainstream negotiations up and down at 6100 yuan / ton, some lower at 6,000 yuan / ton or slightly lower position, Xinjiang Xinjiang cotton pulp prices remained stable talks maintained at 6,000 yuan / Ton level.

Domestically produced dissolving pulp prices remained stable, and negotiations were maintained at 6100-6200 yuan/ton, and downstream purchasing intentions were much higher. The market for importing dissolving pulp is generally in the order, and downstream purchases are still more cautious. In August, the mainstream price of broadleaf pulp remained at US$845/tonne, which was dominated by long-term customers. Southeast Asia, broadleaf pulp US $ 830 / ton level of general conditions, the downstream maintain a certain amount of orders.

The overall performance of the people's cotton yarn market was light, the market orders were small, and the yarn mill operating rates were reduced due to orders and weather issues. The operating rate of the People's Cotton Yarn Factory in Xiaoshao Region was around 5-6 percent, and the market sentiment was incapable of change, and the transactions were poor and weak. The mainstream of R30S weaving is 15500-15800 yuan/ton (-200), and the mainstream of R30S knitting is 16000-16300 yuan/ton. Jiangsu and Zhejiang provinces have a market price of Sirotex R30S, negotiating around 17,000 yuan/ton for acceptance, close Siro spinning 40S at 20,000 yuan/ton.

Although the quotation of people's cotton is firm and firm, market sales are still lacking. The operating rate of the cotton fabric manufacturers is also low, and the demand is weakened. This week, people's cotton fabrics represent the type R30x3068x6863, which is held steady, with the weekend price running at 4.40 yuan/m.

While the industry is still generally losing money and manufacturers have low inventory levels, the current round of price increases, the overall implementation of viscose staple fiber manufacturers is in place compared to the previous period, and the focus of market transactions has been effectively shifted upwards. The inventory of viscose staple fiber remained low, and the overall operating rate of the industry remained high (such as Sanyou Chemical's operating rate of 100%, and inventory was maintained within 1 week). In addition, the industry's downstream season was approaching in August, and the viscose staple fiber manufacturers as a whole stopped losing money. Willingness to raise prices is strong. However, the sales of downstream gauze is poor and its attitude is empty. It is expected that the price of viscose staple fiber will remain sideways during the latter period, and it will not be easy to rise or fall.