Expansion Of Non-Woven Viscose Staple And Spinning Spreads In May, Sticky Short Or Slow Down.

Although the extreme events of public health have restrained the demand of traditional textile field to a certain extent, it has also stimulated the demand in the field of hygiene. To some extent, the viscose staple fiber has been affected by this phenomenon. The non-woven and spinning fibers in the industry also showed a trend of differentiation. As of April 26th, the price difference between viscose staple fiber and viscose staple fiber used in spinning has expanded to 3800 yuan / ton.

Since the end of the festival, public health incidents continue to plague the traditional textile market both at home and abroad. The demand for viscose staple fibers has shrunk dramatically in the spinning industry. Since February, the starting rate of viscose staple fiber industry has been maintained at below 70% level. As of April 26th, the viscose staple fiber industry's start-up rate is 66.67%, down 6.61 percentage points year-on-year, and the average starting rate of viscose staple fiber in April is expected. At 67.22%, 4.52 percentage points lower than the same period, see Figure 1 in detail.

However, even if viscose staple fiber is chosen to reduce production to cope with pressure, but it is still unable to stop the growth of inventories, as of April 26th, the stock of viscose staple fiber producers and warehouses has reached 388 thousand and 400 tons. If the daily output of the viscose staple fiber is up to 27.1 days, if the conversion date is about 27.1 days, if the number of days converted according to the current daily output is about 41 days, it will increase by 20 days compared with last year's stock days.

Under the high storage pressure, the price of viscose staple fiber continued to decline. As of April 26, 2020, the average price of viscose staple fiber in the spinning market has once again refreshed to a record low of 9237.5 yuan / ton, but it is also affected by public health events. Viscose staple fiber is particularly prominent in the field of nonwovens. At present, the price of the three non-staple viscose staple fiber products has increased to 13000-13500. The spot price of yuan / ton will be less than 3800 yuan / ton for spinning fiber, and see Figure 2 in detail.

The spread of viscose staple fibers in the field of nonwovens and spinning has attracted more and more viscose staple fiber producers to enter the non-woven industry. By the end of April 26th, the proportion of viscose staple fiber in total viscose staple fiber production has increased to 19%, an increase of 8 percentage points compared with the beginning of January.

As for the production capacity of non viscose viscose staple fiber, as of April 26th, the annual production capacity of domestic viscose staple fiber has reached 700 thousand tons. In the year, 265 thousand tons of -34.5 ton capacity will be adjusted to non-woven viscose staple fiber, and the highest annual production capacity of domestic viscose staple fiber will reach 1 million 45 thousand tons, accounting for 20.2% of the total viscose staple fiber production capacity in China.

However, the impact of public health will gradually slow down. The initial capacity of the three major domestic enterprises can maintain the balance of production and marketing with downstream relations. However, due to the impact of unexpected events, the increase in the production capacity of non viscose rayon staple fiber is mainly faced with the problem of demand sustainability. The market quotation has begun to increase and the price center of gravity has become clearer. Viscose staple fiber enterprises will not always want to be placed in the non-woven area, so risk aversion is expected in May viscose staple fiber industry as a whole is still expected to decline.