Viscose Staple Fiber Prices Keep Downward

Viscose staple fiber prices continued to decline in 2014.

Under the influence of excessive capacity expansion and weak demand, the market price of products has been running in the bottom area.

In the first half of this year,

Market prices continued to decline slightly, and prices hit at a low level since the price down in 2011 in early April.

As the overall output in the two quarter decreased, the price of viscose staple fibers stabilized and picked up slightly, but still at a relatively low level.

With the influence of the off-season textile industry in the downstream of July, the whole

Weaker in earlier stage.

In August, a number of old plants in the factory entered the overhaul. The commissioning time of the new plant was delayed and the operating rate decreased.

Viscose staple prices rose slightly.

Basically stable in 9-10 months, viscose staple fiber.

Although there is a slight rebound, but for the downstream cotton yarn, although it is the peak season for consumption, manufacturers do not see increased demand, sales volume and low price promotions, so as to clear up the stock.

In 11-12, viscose staple fiber fell again, and the market demand was weak, resulting in an increase in inventory. The downstream cotton yarn market also showed a downward trend, with a low volume of trading.

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In mid 1-3, the stock of polyester factories increased as demand weakened and the recovery began to slow down before and after the Spring Festival.

Besides, upstream raw materials are weak and cost support is limited.

Mid March to mid May, affected by the upgrading of raw materials maintenance, the market rebounded slightly after the short term, the market is weakening.

From late May to July, with the strong rebound of PTA, the price of polyester was rising.

As the saying goes, buying and selling under the psychological control, and polyester factory inventory is at a low level, some specifications even appear continuous supply in short supply, the price will rise strongly.

From July to mid October, as the downstream market entered the midsummer off-season state, the rate of starting up of weaving and firing decreased, and raw materials purchased cautiously, and raw materials appeared to fluctuate.

Although in September, driven by the peak season of consumption, the decline slowed down, but the crude oil market fell sharply in October, resulting in a significant weakening of the cost and accelerated the decline in polyester prices.

Beginning in mid October, with the support of just needed margin, production and sales rebounded, and stocks were in a low position, and price shocks were strong.

In December, the domestic polyester filament market continued to be in a state of weakness, and low price sales prevailed. At present, whether polyester spinning factories or weaving manufacturers or bomb companies have more or less financial pressure, mainly the weaving factories' grey cloth and the bomb factory's arrears are more, and the whole polyester Market wait-and-see atmosphere is still thicker.