Viscose Constant Bottom Price Refresh Eight Years Minimum

According to the price data of business associations, the average price of 1.2D*38mm viscose staple domestic market was 11662 yuan / ton as of August 16th, down 3.04%, or 366 yuan / ton, down 19.46%, or 3818 yuan / ton. The price of the middle end factory is 11500-12000 yuan / ton, and the price of the high-end factory is 11600-12000 yuan / ton. Tangshan has long been known for its high price, priced at 12500 yuan / ton. In the middle of June this year, the price of viscose staple fiber was 11450 yuan / ton, the lowest price in eight years.

The international oil price rose sharply on Tuesday (August 13th), and the Sino US trade relations had a positive signal. The Chinese side had a serious conversation about the US tariffs on some Chinese products in September 1st. Meanwhile, the US representative said in a statement that some tariffs on China were postponed to December 15th. This news reduced the market's worries about demand, and the international oil price rose sharply. At the same time, the PTA, MEG, cotton and other star futures products in the textile industry chain have been promoted to varying degrees. In recent days, the operating rate of PTA and polyester has been around 8.5-9, and the production and marketing rate has also been greatly improved. In August 14th, the second day of the event, the production and sale rate of PET filament was 340%, the production and sale rate of PET staple was as high as 500%-1000%, and the production and sale rate of PET chips also came to 100%-300%.

However, the positive news of the macro message has not been passed to the viscose staple industry chain, and the market remains flat. There is little response to the news. The yarn and grey fabric are bearish for the viscose market.

The price of cotton yarn down to 16 days is 17200 yuan / ton, down 0.72%, or 125 yuan / ton, down 14.68%, or 2560 yuan / ton. Dachang quotes two levels of differentiation is more serious, the middle end big factory quotes at 16200-16500 yuan / ton, high-end big factory quoted price is 17400-17800 yuan / ton. Judging from the trend of cotton and cotton yarn futures this week, the benefits of Sino US trade are gradually increasing. The price of yarn is trying to stabilize, but the demand for downstream is still not good. Some yarn stocks are still at a high level, and the pressure of textile mills is still very high.

To sum up, business analysts believe that polyester staple fiber and viscose staple fiber are the same door. Polyester and short make good use of the news. A great deal has been made, and the stock has been transferred smoothly, and the viscose has passed smoothly. The peak season of Jin nine silver ten is coming, and the NDRC has introduced a series of policies to promote the sales of yarn. China and the United States trade in September 1st still has nearly 65% of the tariffs on textile products. Faced with the volatility of Sino US frictions, the Chinese people have become accustomed to it and have little influence. It is predicted that viscose will not fall again in the short run, and will run smoothly, waiting for September to change its former status and soaring to the sky.