According to the price monitoring of the business agency, as of June 24, the average ex factory price of 1.2D * 38mm viscose staple fiber in China was 9500 yuan / ton, down 28 yuan / ton, or 0.30%, or 17.03% year-on-year. Cotton linter prices continue to rise, viscose manufacturers said that the market price has no market, part of the long-term production, high inventory prices. The actual market quotation is slightly lower, and the main quotation range is 8400-9600 yuan / ton.

Last week, the supply of cotton linter was general, and some manufacturers raised the price of cotton linter to reduce the loss, with obvious intention of inflation. However, the demand of downstream chemical fiber plants and refined cotton plants is difficult to support, the overall rise is limited, and most of them remain stable. Considering that it is still a long time for new cotton linter to go on the market, it is expected that cotton linter will still maintain stability, supply and demand are still the focus of the industry, and the difference of regional demand will also lead to quotation changes.

 
On June 24, the commodity price ratio index of viscose staple fiber and human cotton yarn was 96.40, which was the same as yesterday, 3.96% lower than the highest point of 100.38 (2019-07-21) in the cycle, and 13.51% higher than the lowest point of 84.93 on January 5, 2020. (Note: cycle refers to 2019-01-01 till now)

The price of human cotton yarn generally fell. As of June 24, the average ex factory price of 30s cotton yarn in Shandong was 13867 yuan / ton, down 0.48% compared with the price in the first ten days of June, down 19.85% year on year. There are few orders for human cotton yarn, the price of upstream raw materials remains firm, and there is a situation of production suspension. The depressed market makes viscose manufacturers tired of price adjustment, after all, there is no market for price. Some people’s cotton yarn manufacturers have broken down in their attitude of sticking to the price, and their prices have been continuously reduced by more than 1000 yuan / ton. The market quotation range is 12600-15000 yuan / ton.

Business analysts believe that although cotton linter has strong willingness to hold up the price, due to the shipping pressure, viscose has a downward trend, the price of cotton yarn for high price people has dropped, while the price of cotton yarn for low price people is mainly stable, and it is expected that the price of cotton yarn for people will fluctuate and fall.