According to the price monitoring of the business agency, as of June 30, the average ex factory price of 1.2D * 38mm viscose staple fiber in China was 9457 yuan / ton, down 71 yuan / ton, or 0.75%, or 17.76% year-on-year. Due to the high price of cottonseed, low operating rate of oil cotton plant and limited output of cotton linter, the price of cotton linter rose in June, and viscose staple fiber went up, but the support of downstream demand was poor. Throughout the trend of the month, viscose staple fiber rose first and then fell.

At the beginning of June, cotton seed resources were tight, and dealers were reluctant to sell. At the same time, the operating rate of the oil cotton plant is limited, the output of cotton linter is limited, and the manufacturer carries out the goods at a price. The quotation of those with low inventory continues to rise, and the downstream purchasing behavior supports the price rise. However, the rebound of the U.S. epidemic situation and the global epidemic situation still drag down the economic operation. Reflected in the downstream chemical fiber plant, refined cotton plant procurement is still difficult to large, the price of human cotton yarn is lower, restricting the development of cotton linter market, stable in late June. Market transactions are still active and low production, cotton linter is expected to maintain a relatively stable state of operation.

According to the statistics of business agency, the commodity price index of viscose staple fiber and man-made cotton yarn on June 29 was 95.96, down 0.44 points from yesterday, 4.40% from 100.38 points (2019-07-21), and 12.99% higher than 84.93 points on January 05, 2020. (Note: cycle refers to the period from January 1, 2019 to the present)

From the price trend chart of viscose staple fiber and man-made cotton yarn, it can be seen that the price of viscose staple fiber rose and fell in June, while the price of downstream cotton yarn went down unilaterally, showing no sign of rebound. Viscose and rayon yarn fell sharply in May, and the market in June was more stable than that in May. As of June 30, the average ex factory price of 30s cotton yarn in Shandong was 13867 yuan / ton, down 67 yuan / ton or 0.48% compared with the price at the beginning of June, and 19.73% year-on-year. People cotton yarn orders are small, leading to viscose drag, raw materials can not keep it, the price fell. Demand dominates the market. After all, it is meaningless to quote unreasonably high prices. There is still a big deviation in the market price. According to their own orders and capital situation, the Quotation Strategies of manufacturers are also different. Some people’s cotton yarn prices remain at a high level of 14000-15000 yuan / ton, and there are also 125000-13500 yuan / ton low-grade.

Business analysts believe that viscose manufacturers are not sure about the trend in July. On the one hand, cotton linter production is low, and the supply is limited; on the other hand, the downstream is depressed, and the price is showing a downward trend. Part of the factory simply stopped the production of viscose, out of the market struggle. It is worth noting that the recent epidemic rebound in the United States, the trade environment is still poor, viscose and rayon yarn are expected to be weak adjustment in July.