The author was informed that in the general downturn of the yarn market, artificial cotton yarns (viscose yarns) in the Jiangsu and Zhejiang textile markets have risen steadily for two consecutive weeks in the weak market, rising by 200-500 yuan/ton last week. Researchers in the textile industry believe that the rise in upstream viscose fibers has led to an increase in the price of artificial cotton yarns. The increase in the use of artificial cotton yarns in the sales of apparel wool-like garments in the end market has been the most important factor in pushing up the price of artificial cotton yarns.
At the beginning of August, viscose staple fiber stood at a position of 18,000 yuan/ton, and prices began to increase slowly over time. According to the latest week's price statistics of the global textile network, viscose staple fiber has now risen to 18,500 yuan -1.9 yuan / ton.
In the first few months, the price of viscose fiber dropped rapidly. On the one hand, the chemical fiber plant adopted price concessions to destock, and on the other hand, it avoided production losses through production cuts. Since late June, the average operating rate of the industry is only 58%. Industry stocks fell from 51 days in late June to the current 23 days, which means that 210,000 tons of stocks can be fully consumed in less than 2 months. It is the current chemical fiber plant viscose fiber inventory is low, resulting in viscose fiber prices began to strengthen.
In addition, the recent demand for downstream artificial cotton yarns has increased significantly. Supported by the market demand, viscose fiber keeps rising. Judging from the cost, the chemical fiber plant is currently only in a state of balance or slightly profitable, coupled with the depth of the previous losses need to be made up, viscose fiber still has room for growth. Some industry analysts predict that viscose fiber is more likely to maintain inertia before the beginning of September.
When the viscose fiber rose to 18,000 yuan / ton, the downstream artificial cotton yarn did not keep up with the increase, until the recent rapid recovery. Last week, the prices of artificial cotton yarns from Xiaoshan, Shaoxing and Xinxiang manufacturers rose steadily. The prices of some popular varieties of artificial cotton yarns rose significantly, with weekly gains of RMB 200-500/ton. According to Lu Qian, an analyst at Zhuochuang Information, the slow sales in the previous period led to the suspension of most of the artificial cotton yarn production lines, and the recent active transaction atmosphere made the sale of artificial cotton yarn stocks empty.
The author understands that the demand volume is the most important factor to boost the price of artificial cotton yarn. With the arrival of autumn wool-like clothing sales season, jackets, windbreakers, and fashion materials made of human cotton yarn and other raw materials have become hot-selected fabrics, which has increased the use of artificial cotton yarn by upstream apparel weaving companies. People's cotton yarn prices have an objectively rising energy release, which can be realized on the market.
However, the performance of other varieties of the yarn market is still very sluggish, pure polyester yarn, pure cotton yarn sales. Therefore, Lv Qian is cautious about the future trend of artificial cotton yarn. Lu Qian said that the prices of textile raw materials that have risen and fell in the previous period have made downstream companies hard-pressed, coupled with high labor costs and high costs, which have kept textile companies in a tense situation. Under the influence of various unfavorable factors and the slowing down of the world economy, textile enterprises purchase raw materials in batches for controlling risks and process them according to orders, which determines that it is difficult for the artificial cotton yarn market to increase significantly.
At the beginning of August, viscose staple fiber stood at a position of 18,000 yuan/ton, and prices began to increase slowly over time. According to the latest week's price statistics of the global textile network, viscose staple fiber has now risen to 18,500 yuan -1.9 yuan / ton.
In the first few months, the price of viscose fiber dropped rapidly. On the one hand, the chemical fiber plant adopted price concessions to destock, and on the other hand, it avoided production losses through production cuts. Since late June, the average operating rate of the industry is only 58%. Industry stocks fell from 51 days in late June to the current 23 days, which means that 210,000 tons of stocks can be fully consumed in less than 2 months. It is the current chemical fiber plant viscose fiber inventory is low, resulting in viscose fiber prices began to strengthen.
In addition, the recent demand for downstream artificial cotton yarns has increased significantly. Supported by the market demand, viscose fiber keeps rising. Judging from the cost, the chemical fiber plant is currently only in a state of balance or slightly profitable, coupled with the depth of the previous losses need to be made up, viscose fiber still has room for growth. Some industry analysts predict that viscose fiber is more likely to maintain inertia before the beginning of September.
When the viscose fiber rose to 18,000 yuan / ton, the downstream artificial cotton yarn did not keep up with the increase, until the recent rapid recovery. Last week, the prices of artificial cotton yarns from Xiaoshan, Shaoxing and Xinxiang manufacturers rose steadily. The prices of some popular varieties of artificial cotton yarns rose significantly, with weekly gains of RMB 200-500/ton. According to Lu Qian, an analyst at Zhuochuang Information, the slow sales in the previous period led to the suspension of most of the artificial cotton yarn production lines, and the recent active transaction atmosphere made the sale of artificial cotton yarn stocks empty.
The author understands that the demand volume is the most important factor to boost the price of artificial cotton yarn. With the arrival of autumn wool-like clothing sales season, jackets, windbreakers, and fashion materials made of human cotton yarn and other raw materials have become hot-selected fabrics, which has increased the use of artificial cotton yarn by upstream apparel weaving companies. People's cotton yarn prices have an objectively rising energy release, which can be realized on the market.
However, the performance of other varieties of the yarn market is still very sluggish, pure polyester yarn, pure cotton yarn sales. Therefore, Lv Qian is cautious about the future trend of artificial cotton yarn. Lu Qian said that the prices of textile raw materials that have risen and fell in the previous period have made downstream companies hard-pressed, coupled with high labor costs and high costs, which have kept textile companies in a tense situation. Under the influence of various unfavorable factors and the slowing down of the world economy, textile enterprises purchase raw materials in batches for controlling risks and process them according to orders, which determines that it is difficult for the artificial cotton yarn market to increase significantly.
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