Viscose Staple Fiber Market -- Downstream Downturn (12.18)

　　 Viscose staple fiber Market prices temporarily stable, downstream gauze Market is still low. Viscose staple fiber market prices temporarily stable, mid end talks center of gravity 11600-11700 yuan, slightly lower turnover at 11500 yuan. The high-end is 11700-11800 yuan. Manufacturers long-term loss, steady price intention thickening, and many calls for limited production, price protection, share the downturn.

Jiangsu Sirospun The overall price of cotton yarn is weak, and siro spinning 30S talks at 17300-17500 yuan / ton. Market trading The atmosphere is low. Viscose staple fiber price stability, downstream gauze Market is still low, pay attention to tomorrow's industry meeting.

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Last week, the price of pure MDI dropped slowly. Although the Wanhua and NPU Ruian devices stopped this month, the demand side performance was still weak and the supply was quite adequate. With the market plunging day by day, the mentality of the market was heavy, the news was relatively calm, and the market atmosphere was difficult to boost. The shipper was slowed down by the slowdown in shipments and the mentality was generally pessimistic. In addition, the recent collapse in crude oil prices led to the opening of the cost space, and the MDI price continued to decline slightly. At present, the mainstream negotiation price in East China is 18000 yuan / ton ~19400 yuan / ton, and NPU and Wan Hua offer is near 19800 yuan / ton. The negotiation price in Southern China area is 18700 yuan / ton ~19500 yuan / ton, and the mainstream price in North China is 18400 yuan / ton ~19500 yuan / ton, and NPU and Wanhua source are 19800 yuan / ton. The core of the whole spanaction continued downward 100 yuan ~200 yuan per ton compared with last week.

Last week, spandex market PTMEG market stability consolidation, due to the upstream raw material BDO affected by the recent demand is weak, the price performance is quite weak, support for PTMEG costs no longer, PTMEG manufacturers although the offer price is stable, but the actual turnover is still some signs of loosening, it is reported that some of the spanaction price has reached 19500 yuan / ton ~19800 yuan / ton nearby. The downstream spandex industry's recent production and marketing pressure has also increased, demand side expectations are not optimistic, at the end of this year may also experience a slow decline process.

At present, the mainstream price in the market is about 20000 yuan / ton ~21500 yuan / ton, of which Sichuan Tianhua, Shanxi three dimensional and Hangzhou three lung goods offer is about 20000 yuan / ton ~20500 yuan / ton, and the actual talks are close to low. In the vicinity of the Panjin offer of 20000 yuan / ton, the high level area was mainly based on the Ningbo MITSUBISHI and BASF suppliers. The offer was about 21000 yuan / ton ~22000 yuan / ton, the actual negotiating price was located near 21000 yuan / ton ~21500 yuan / ton, the individual implementation in the high level area was mostly low interval, and the import price was near 20500 yuan / ton ~21000 yuan / ton, with direct supply as the main source.

Domestic spandex market continues weak finishing pattern. Terminal demand performance is still weak, some parts of the lower reaches begin to show signs of decline in the early stage, which is constrained by the tight liquidity at the end of the year. Enterprises are more cautious when they return to the capital requirements, and there is a slight shift in demand just now. In addition, the downstream bearish mentality is obvious. As inventories continue to rise, and the market is hard to see positive incentives, prices continue to fall during the year, which is still expected to be a big probability event. At present, 40D spandex mainstream talks about price I interval is about 44000 yuan / ton ~49000 yuan / ton, 30D mainstream price range maintained at 49000 yuan / ton ~52500 yuan / ton nearby, 20D mainstream negotiation price range in 56000 yuan / ton ~61000 yuan / ton.

Looking forward to next week, the supply of pure MDI market is still sufficient, and prices will continue to fall in the year. The PTMEG market in the spandex field is weak and stable, which has recently been affected by the BDO price of the cost side. The focus of the spanaction has dropped slightly. Although there has been no obvious change in the PTMEG supply and demand pattern in the short term, it is still a matter of probability that the latter will continue to fall. Last week, domestic spandex enterprises began to run smoothly. Some manufacturers were known to have been slow down in shipping and adjusted their load. But due to the high inventory in the field, the supply is still adequate. While the downstream demand remains rigid, the demand for goods is slowing down just when the demand is weak, and the sentiment is strong in the field. Procurement is prudent. At the end of the year, the demand for the downstream market is expected to continue to be weak.