High Cotton Prices Overall Good Viscose Industry

Recently,

The price has surpassed the price of viscose again.

The actual operation shows that cotton futures and spot producers and cotton mills reflect the relatively high position of cotton spot and futures prices in the near future, and the possibility of short-term adjustment is relatively large.

At the same time, at the same time, the cotton will not be released until the new cotton comes into the market.

The supply will be slightly tight (consumption of 600 thousand tons per month, and the current reserves of 40-50 tons). In addition, from the downstream cotton mills can accept the cotton price and futures adjustment position, the support strength of cotton in 13000-13500 yuan / ton will be larger.

In the second half of this year, under the impact of the new cotton planting area and the floods in the Yangtze River Basin, the cotton production will be reduced by 15% on the first and next levels. Cotton is expected to maintain a relatively high position in the new year with the overall reduction in cotton supply and the overall rise in commodity prices.

Last Friday, prices were affected by cotton prices and their own supply and demand factors. Prices rose as a whole. At present, viscose staple fibers are priced at 13700 yuan / ton, while most viscose staple mills have a lot of pre-sale volume. In July, viscose staple fibers were relatively stable.

In August, although the load of some cotton mills and cloth factories will be affected during the period of G20, at the same time, with the overhaul of Zhejiang and the gradual increase of orders in the second half of this year, this increase will be mutually hedged. In the second half of 9-10 months, the atmosphere in the high season is expected to continue to continue, and there will be some uncertainty after October.

With regard to the actual cost of cotton and viscose staple fibers, the actual cost of viscose staple fiber will be lower than that of cotton fiber when the price is roughly equal.

Another possibility is that if cotton futures and spot prices continue to rise, the viscose staple fiber will further enhance and stimulate prices.

And from the downstream yarn and cloth situation, in the early stage of the same size cotton yarn man cotton yarn, the whole cotton grey cotton - rayon grey cloth price difference has narrowed, recently recently enlarged, early for cotton low price for cotton products instead of viscose products worry basically eliminated.

At the same time, in the case of the widening of the actual price difference, the downstream is more inclined to use relatively low price products, to a certain extent, to benefit the good cotton industry.

On the whole, at present, cotton prices will not fall easily. The cotton industry will still have strong competitiveness in terms of fiber fabric links from product substitution and conversion. At the same time, because of the low price at the stage, the possibility of adding viscose fibers to spinning enterprises in some periods will not be ruled out, and the high price of cotton will be good overall.