Price trend

According to the price monitoring of SunSirs, as of March 2, 2022, the average ex-factory price of rayon yarn (30S, ring spinning, first-class products) was 18,400 RMB/ton, which was the same as the price of the previous day.

Analysis review

The rayon yarn market was running smoothly, and the trading was flat. Recently, the market price of viscose staple fiber, the upstream raw material, has risen slightly, and some rayon yarn manufacturers were in a mood of rising, but downstream customers were not active in purchasing. Manufacturers had different attitudes towards the market outlook, and the wait-and-see mood was strong.

Market outlook

From the perspective of the market outlook, the offers of raw viscose staple fiber manufacturers have increased slightly, and the cost-side support has been strengthened. The traditional peak season in March is coming, and the downstream just needed follow up. Analysts of SunSirs predict that the rayon yarn market will run strongly, and the price is expected to rise slightly.

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