In August, Viscose Staple Is Not Optimistic.

At the beginning of August, no one thought that the first artillery trade that affected the textile industry was the start of the trade war again. This is even worse for the whole textile industry and even the viscose staple industry. With the imbalance of the supply and demand of viscose staple fiber, most of the industry was short of the market in August.

Merchant hedge shipment

With the short order of enterprises, the tight supply pattern has been eased, and the load of enterprise installations has increased recently. The industry has been booting up to 8. However, due to the influence of season and market, enterprises are weak in production and marketing, and it is hard to believe in the latter and downstream market.

At the same time, sticky short and its downstream, terminal exports have no bright spots, the opportunity, recently merchants hedge shipments positive, price messy. As of August 1st, the middle end of viscose staple was traded at 11500-11600 yuan / ton and high-end 11900-12100 yuan / ton.

Profits are in a long-term deficit.

On the profit side, the profit of viscose staple fiber in the past 19 years is in a long-term deficit. Although profits have improved in the early stage due to price increases, it is still in a state of deficit in general.

For example, the recent semi annual report of Nanjing chemical fiber released semi annual report shows that since the first half of 2019, textile exports have been sluggish, and the operating rate of the enterprises under the viscose staple fiber has dropped significantly, and the price of textile raw materials has dropped by more than 10%. The price of short fiber per ton has dropped from 2018 yuan in late 2018 to 10 thousand and 800 yuan, a drop of nearly 20%, reaching a low level in 10 years, short selling of fiber products is difficult, and the inventory of manufacturers has reached the limit.

The downstream cotton yarn is difficult to improve.

People's cotton yarn market mainly depends on the downstream demand, and the terminal weaving factory is on the one hand, because of the macroeconomic uncertainty, wait-and-see mentality is thicker. On the one hand, due to the continuous high inventory prices, the boot continues to decline. On the other hand, due to environmental protection, funds and other issues, the yarn purchase intention is not strong, so the demand side is unlikely to have much improvement in the short term.

Perhaps we need to wait for the macro side to turn better and the demand to recover. Golden nine silver ten can look forward to it. At that time, the yarn market will also usher in the peak season.

To sum up: judging from the market situation in August, viscose staple fiber is not good enough. On the contrary, negative factors will increase.