The cost affected the price of cotton yarn to rise steadily (June 22)

With the gradual withdrawal of low-cost viscose staple fiber supply from the market, the average price of viscose staple fiber used by yarn mills has reached 15000 yuan / ton. Due to the rising cost of raw materials, most yarn mills have recently started to increase the transaction price of cotton yarn by 50-200 yuan / ton. The price of cotton yarn is at a high level. As of June 22, 2022, the average ex factory price of (30s, ring spinning, first-class products) is 19233 yuan / ton, which is steadily rising, up 60 yuan / ton from yesterday’s price.

 

The upstream raw material viscose staple fiber market is stable, the cost is supported, the price is high, and the manufacturer’s quotation is about 16000; The demand for textile terminals continues to be flat, with average trading and investment. Due to the rapid rise in the price of viscose staple fiber, the rise in various varieties of yarn is limited. At the same time, the operating rate of circular mills and grey cloth mills has always remained low, and some yarn factories have limited or stopped production. Business analysts predict that the power of cotton yarn price rise is insufficient, or the high level is stable.

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