Price trend

According to the price monitoring of SunSirs, as of May 24, 2022, the price of viscose staple fiber was stable, and the ex-factory price of 1.2D*38mm viscose staple fiber in China was 14,960 RMB/ton, an increase of 620 RMB/ton from the price at the beginning of the month, or an increase of 4.32%. The average ex-factory price of rayon yarn (30S, ring spinning, first-class) was 19,100 RMB/ton.

Analysis review

On May 24, the viscose staple fiber market was stabilized, the price was stable, and the trading atmosphere was general. The market price of rayon yarn was stable, and it was difficult to accept the high quotation of viscose staple fiber, and the market shipment ws in general.

After the price of viscose staple fiber rose last week, recently, viscose staple fiber and rayon yarn have entered into an obvious transaction stalemate. Some rayon yarn factories have begun to offer certain discounts to some old customers to maintain the enthusiasm of customers to buy goods.

Market outlook

The market trading has always been tepid, and the price of raw material dissolving pulp is supported. Analysts of SunSirs predict that the short-term viscose staple fiber market will still be stabilized, and the price range will be 14,900-15,100 RMB/ton.

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