Sticky short continuous price increase ** month or welcome season

Since the coordination meeting for the viscose fiber industry in April, chemical fiber products such as viscose staple fibers have entered the price increase cycle. At the end of April, the related companies agreed to raise prices, and viscose staple fiber prices increased by 500 yuan/ton again. The price increase rate was about 4.24%, and prices continued to rise upwards since May. According to statistics, the average price of viscose staple fibers last week was 11950 yuan, up 0.78% from the previous week; the average price of viscose filament (120D light) was 35,500, up 0.23%.

Continuous price increases will greatly ease the status of listed companies that have no profits or even losses. According to the analysis, from the demand point of view, the price of viscose staple fiber downstream cotton varieties has not increased, but the transaction volume has increased, the chain ratio has increased, and the manufacturers’ inventory has been continuously consumed. The industry indicates that the downstream began to slowly recover. This is good for upstream viscose staple fiber. The viscose staple fiber industry season will come in August and September. There will also be a round of price increase. The listed companies that specialize in viscose staple fiber in A shares include Sanyou Chemicals, Aoyang Science and Technology, and Xinxiang Chemical Fiber.