Better Supply And Demand Structure To Support Viscose Price Rebound

The supply and demand structure has improved, supporting the price of viscose has been warming up, and has become a "thriving" in the entire textile industry. After a steady adjustment of 5, 6 and two months, the price of viscose staple fiber rebounded more than 5% in July. At present, the price range of the mid-range 1.5D market is 13200-13400 yuan / ton (Cheng Dui), and the high-end 1.2D is 13500-13600 yuan / ton (Cheng Dui).

In the downturn of the entire commodity market, viscose staple fibers in the textile sector stand out. In July, they rose to the top of the textile sector in 4.60% months.

Affected by factors such as equipment maintenance season and environmental protection policy, some of the capacity constraints are limited, and the supply and demand structure of viscose is better, and price recovery is expected to continue. Ping An Securities statistics show that last week viscose staple fiber continued to rise slightly by 50-100 yuan / ton.

　　 Supply side In view of this, the gradual tightening of the environmental protection policy has accelerated the withdrawal of backward production capacity and enabled the production capacity to enter the contraction period. In August 3rd, the Ministry of environmental protection proposed in the summary of environmental pollution prevention and control work in the first half of 2015 that we should thoroughly implement the "water ten item", and the water pollution control action plan has been promulgated successively in various places. A lot of waste water. Viscose factory Limited production by environmental impact checks, such as viscose manufacturing enterprises, Xinjiang Australia, Xinjiang Shun Quan and other factories have been parking rectification. Xinjiang Manasi county set up a unified wastewater treatment plant, the recent production of viscose enterprises actively cooperate with the laying of pipelines.

Reporters also learned that the next three friends of Tangshan and Jiangxi Sai Deli and other companies plan round inspection, industry. Operating rate Or down to less than 80%.

Under the dual influence, the supply side of the industry has entered a continuous reduction period. Xia Ting, a business analyst, told the Shanghai Daily reporter that due to the environmental shutdown, the time needed for large-scale restart of the capacity is still needed. In addition, since 2014, the industry has basically no new capacity, and the tight supply situation is expected to continue. This will help viscose staple fiber prices continue to rise, prices will remain strong before November.

At the same time, the downstream purchasing enthusiasm has been significantly improved, and orders have also been significantly increased. The Ping An Securities Industry Report shows that the stock of viscose staple fiber has been dropping to the extremely low level of 8 days in mid July, and the inventory in dealer trade channels is very low. Coupled with the huge increase in domestic capacity and import volume, it is speculated that domestic demand may gradually improve in the first half of this year, and demand in the second half of this year tends to be higher than the first half. The overall trend of the industry is also improving. Huatai Securities data show that in the first 5 months of this year, the total profit of chemical fiber manufacturing industry was 11 billion 470 million yuan, up 56.7% from the same period last year.