Viscose staple fiber: prices continue to decline, market mentality deteriorates

Last week, the viscose staple fiber market continued to slump, and the market price continued to decline. In the market, the transaction volume was flat, and the downstream were filled as needed. Each viscose manufacturer worked to pay a return visit to old customers. At the beginning of this week, the mainstream price of viscose staple fiber market was 16,500 yuan/ton. The pressure from various manufacturers was high and the cash flow was difficult. The manufacturers shipped actively and the prices continued to drop. By the end of this week, the mainstream transaction price had dropped to 16200. Yuan/ton, lower prices were heard at 15,500 yuan/ton, and low prices continued to hit the market.

The downstream yarn market is dim, and inventory pressures prompt the yarn companies to reduce their load to maintain balance. The demand for viscose staple fibers is also difficult to increase, and the downstream price pressure is significant.

The overall performance of the market is still relatively sluggish. Although the viscose manufacturers started to maintain, the overall inventory pressure is large and the financial pressure is difficult to solve. In addition, the downstream yarn and grey cloth market conditions are dim, the downstream demand is difficult to improve, and the enthusiasm for purchase is not high. Although there is some good news, but it is difficult to change the overall market conditions, Longzhong Petrochemical believes that: viscose staple fiber market downturn is difficult to change in a short time, next week viscose staple fiber market will continue to decline, is expected next week market price Will be 15500-15800 yuan / ton.