According to the price monitoring of the business agency, as of June 10, the average ex factory price of 1.2D * 38mm viscose staple fiber in China was 9571 yuan / ton, up 43 yuan / ton, or 0.45%, or 18.89% year-on-year. In the first ten days of June, the price of viscose manufacturers remained stable, and the main manufacturers reported 8800-9500 yuan / ton. Entering the textile off-season, the order demand of human cotton yarn is general, and the quotation is basically unchanged.
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Last week (June 1-7), cottonseed resources were tight, and dealers were reluctant to sell at a high price. The output of cotton linter is limited, the manufacturer holds the price for delivery, the quotation of the low inventory continues to rise, and the downstream purchasing behavior supports the price rise. But entering the textile off-season, the demand is flat, and the rise of cotton linter is limited. Last week, industrial grade cotton lint was reported at 3550-3650 yuan / ton, up 50-100 yuan / ton from the previous week. It is a long time for new cashmere to go on the market, and cotton linter may keep stable, medium and strong.
On June 10, the commodity price ratio index of viscose staple fiber and human cotton yarn was 96.65, which was the same as the previous day, 3.72% lower than the highest point of 100.38 (2019-07-21), and 13.80% higher than the lowest point of 84.93 on January 5, 2020. (Note: cycle refers to 2019-01-01 till now). As of June 10, the average ex factory price of 30s cotton yarn in the downstream Shandong area was 13933 yuan / ton, which was the same as the price in early June, down 22.72% year on year. The upstream raw material support is strong, but the order recovery strength of human cotton yarn is general. The manufacturer considers comprehensively, maintains the current status, and the quotation is stable, with the price range of 12800-15000 yuan / ton.
Business analysts believe that cotton linter price will be strong, but the downstream order demand recovery is waiting for time, and viscose support is strong. Due to the general order, the price of cotton yarn manufacturers is not strong, and it is expected that the price will be stable.
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