SunSirs: Trading Picks up, Price of Viscose Staple Fiber in the Chinese Market is Stable and Rising
After the Spring Festival, the price of viscose staple fiber rose steadily. With the gradual recovery of construction, the increase in production capacity and sufficient supply of goods, downstream rayon customers have entered the market one after another, and there is a need for replenishment and speculative replenishment. Manufacturers have a strong wait-and-see atmosphere. ; Some manufacturers do not adjust for the time being, and make profit promotions.
As of February 16, 2022, the ex-factory price of 1.2D*38mm viscose staple fiber in China is 13,060 yuan/ton, an increase of 340 yuan/ton or 2.67% compared with that before the Spring Festival.
The price of downstream rayon yarn (30S, ring spinning, first-class products) will increase by 200 yuan/ton after the year. As of February 16, 2022, the average ex-factory price will be 18,466 yuan/ton. Replenishment is just needed, and trading is picking up. make a deal.
Market outlook
The downstream textile terminal market has basically resumed work, the demand has followed up, the overall market activity has increased, and trading is picking up.