Viscose Followed Crazy, Polyester Market Is Not Very Dynamic.
A number of famous viscose factories in China have reported "rising news".
In less than half a month, the price of viscose staple fiber has risen by more than 1000 yuan, and its rally is comparable to the spot price of standard cotton at the same time.
Viscose staple fiber is highly related to cotton. Historically, the rise of cotton prices can often give viscose staple fiber a strong boost.
Since June 28th, Zhengzhou cotton futures contract has increased 11.49%, and spot price of standard cotton has increased by 10.06%. 1609.
cotton
The sharp rise in prices has opened up space for sticky prices.
In addition, the supply of high quality cotton is scarce in the market at present.
Spinning enterprises
The purchase of cotton "Shu Dao difficult" is facing the dilemma of "no rice under the pot", which is very helpful to improve the use ratio of viscose.
Although it can not be said that the price of viscose is all "attributed to" cotton, but cotton really let viscose also ride on this "price increase" shuttle bus.
After the fall adjustment in May,
Psf
In June, the low level continued to consolidate in the vicinity of 6600 yuan / ton.
From the end of June to the first half of July, it was driven by the good market of polyester and the rising of cotton raw materials.
Psf
The center of gravity has risen 200 yuan to 6780 yuan / ton.
However, in the off-season, polyester and polyester cotton fabrics in the lower reaches are sluggish and short of demand. Polyester staple market has a strong wait-and-see atmosphere, and the market is still not hot. Recently, international oil prices and polyester raw materials also showed a weak trend.
However, the G20 summit is coming soon. In order to implement the environmental indicators of "clear air and ten thousand miles", some polyester enterprises in Jiangsu, Zhejiang and Shanghai have been limited or stopped production.
It is reported that during the G20 summit, the polyester plant's capacity is about 17 million 910 thousand tons, which accounts for about 38% of the total capacity of the polyester plant. Affected by this, the supply of polyester will decrease significantly in 8-9 months.
Specifically, the polyester plant in the core area will enter a two week stoppage, involving about 10 million 70 thousand tons of capacity.
Although strictly controlled areas and control areas will not stop production as well as the core areas, the production of related polyester factories will also be limited.
Although Dacron has not completely caught up with the wave of "frying cotton fever", the G20 summit has also given the polyester plant a tonic.
Judging from the upstream and downstream market conditions, although the price of polyester raw materials is fluctuating recently, most of the fabric sales in the market are not enough, but the recent reduction of raw materials will add fuel to the market in the second half of the year.
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