Price trend
On August 5, 2024, the average market price of viscose staple fiber (1.2D * 38mm) was 13,500 RMB/ton, unchanged from the previous working day.
Analysis review
The market for dissolving pulp, the main raw material, continued to maintain stability, with stable cost support. Downstream markets replenished as needed, and on-site inventory remained low. The number of orders signed by viscose staple fiber manufacturers was controlled at around one month, and there was little change in the market price of viscose staple fiber.
Market outlook
It’s needed to pay attention to the follow-up of new orders from downstream yarn factories in the future.
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