Domestic Acrylic Fiber Market Will Weaken In The Future

domestic acrylic fibres The market is weak and deadlocked, the merchants' shipment is blocked, their confidence drops, and the negotiated price weakens. At present, the mainstream delivery price of staple cotton in East China is 22200-22600 yuan/ton. The wool tops with good shipment in the early stage also suffered resistance recently, among which the quotation of Indian wool tops dropped to 23000 yuan/ton due to poor shipment. The price of raw material acrylonitrile market was stable this week, mainly because there were few goods in the spot market, the domestic manufacturers were in short supply, and the mentality of market people was slightly improved, but the impact on the acrylic fiber market was small. The downstream of the acrylic fiber market has little buying interest, the supplier's quotation has basically remained unchanged, and the mainstream price of the market has been reduced. In the downstream, the price of yarn is flat and has little change compared with last week's price. The import market showed signs of weakness, and the market price fell significantly. In July, common acrylic staple 1.5D * 38mm near foreign goods were mainly sold at $2820-2860/T (CIF L/C 90 days) in the East China market, and acrylic tow 3D semi gloss/bright East China market was mainly sold at $2820/T (CIF L/C 90 days).

Favorable factors

(1) The supply of acrylonitrile outside the upstream is less, and the output of domestic manufacturers is limited;

　　(2) acrylic fibres Export orders of end products are relatively concentrated;

(3) The price of acrylonitrile raw materials has dropped to about 17500 yuan/ton, and the cost pressure is not there;

(4) Some acrylic fiber manufacturers are faced with production reduction due to energy conservation and emission reduction in Zhejiang Province.

Negative factors

(1) Domestic downstream yarn sales are in the off-season;

(2) The sales situation of acrylic fiber market is bleak. Due to the high price, traders are cautious in purchasing;

(3) The operating rate of domestic downstream factories is reduced, and it is difficult for textile mills to transfer high price;

(4) At present, the price of the substitute polyester fiber is lower than that of acrylic fiber, and the cost advantage is obvious.

Future market forecast

From the current situation, domestic acrylic fibres The market sales are still slow, and the procurement of downstream textile mills has not improved. Although the internal sales of major manufacturers are gradually started, the demand for acrylic fiber is still low due to the high price. Market people pay more attention to the settlement price at the end of the month. The price of acrylonitrile, the upstream raw material of acrylic fiber, is stable for the time being, and the cost pressure of acrylic fiber is gradually weakening. The involvement of substitutes will restrict the growth of demand for acrylic fiber, mainly in blended yarns. In the near future, without the support of favorable factors, the acrylic fiber market is expected to weaken in the future.