Textile raw material market

The current overseas epidemic situation is still severe, the global economy is slowly recovering, and countries around the world have accelerated the promotion of new crown vaccination, which has boosted the confidence of the viscose textile market, and the Chinese market has shown strong resilience and vitality.

As the Spring Festival approaches, textile companies are busy with settlement, and their enthusiasm for viscose purchasing has cooled down. Xinjiang viscose inquiries and shipments have declined compared with the previous period. The price is relatively stable. The price of hand-picked viscose in Nanjiang is around 16,300 yuan/ton, and the price of machine-picked viscose is around 15,300 yuan/ton. At present, the situation of textile companies receiving orders in the first half of the year is unclear, and the willingness to reserve a large amount of raw materials is not strong. It is expected that viscose prices may weaken downward.

Recently, the price of viscose has been relatively stable. The mid-end price is around 13,700 yuan/ton, and the high-end price is close to 14,000 yuan/ton. As the holidays approach, upstream and downstream companies will enter the holidays one after another. The pre-orders have been basically completed, and companies are currently organizing shipments for delivery. Next, we will enter the Spring Festival holiday. Downstream companies will have holidays one after another. The pre-holiday stocking has been basically completed, and the overall holiday time has been shortened compared with previous years. Viscose companies maintain continuous production all year round, and usually start work during holidays.

At present, the price of polyester staple fiber is around 6,300-6,400 yuan/ton, which is in a low inventory state. In the downstream market, the viscose spinning enterprises will have holidays in succession from the first half of the first year to the seventh day of the first month. The staple fiber market is expected to be better this year than in previous years, mainly due to changes in the epidemic, and changes in oil price trends are also important factors. Judging from the start of construction, the first half of the year is expected to be good.