On May 10, the price of viscose staple fiber rose. The price of some manufacturers increased by 300-500 RMB/ton, and the quotation was concentrated at 14500-15000 RMB/ton. Some manufacturers closed the offer without reporting, and the production and sales improved, showing an upward state. The downstream cotton yarn factory began to blow because of the rising cost. The cost increased by about 200 RMB/ton, and the trading was general.

Price trend chart of viscose staple fiber

According to the price monitoring of the SunSirs, as of May 10, 2022, the domestic ex factory quotation of 1.2D * 38mm viscose staple fiber was 14660 RMB/ton, an increase of 220 RMB/ton or 1.52% over the previous day. The average ex factory price of artificial cotton yarn (30s, ring spinning, first-class product) is 18733 RMB/ton.

Future forecast:

The market trading atmosphere of viscose staple fiber and rayon yarn has improved. After this round of price rise, analysts of business society expect to gradually implement the transaction in the short term. At the same time, it does not rule out that the prices of some viscose staple fiber factories continue to rise tentatively.

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