Analysis Of Viscose Staple Market Trend In December 11Th

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First, industry inventory is at a historical low.

Driven by the price of cotton, the current market rose from around 17000 in August 20th to about 31500 in November 12th.

During the period, the price rises, and traders and textile enterprises need to be active. Until the price falls, plus the impact of energy conservation and emission reduction and raw materials shortage, viscose enterprises are basically in a state of no inventory.

Two, traders sell goods

Most of the traders in the current market started to hoard goods over 22000 of the previous high price, and 29000 of them stopped buying goods due to fear of heights. As the 24000~27000 interval was scarce, the average cost of traders was estimated to be around 25000. Recently, traders were losing a lot of stock prices.

Three, cotton prices bottom up

Cotton prices in the short term experienced about 25% of the deep callback, the bottom of the full volume change hands, has shown a bottoming up trend, is expected to be in the 25000~33600 area wide shocks.

Four.

In 2011, the production capacity of the viscose industry will expand to 3 million tons, and the new raw materials such as cotton pulp, imported wood pulp and bamboo pulp together can meet the demand of 2 million tons of industry at most, and the pressure of raw material gap will increase.

Affected by this decline, the viscose price dropped to about 15%, while cotton pulp prices fell by 10% at most.

Sticky short business pressure on future raw materials costs increased.

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Five, downstream price pfer smoothly

Because of the recognition of inflation, the biggest difference between this market and the past is that the downstream price pmission is smooth. The price of human cotton yarn and cotton cloth almost rises with the price of viscose, and even the price of clothing at the terminal has risen by more than 50%.

Once cotton prices rise, viscose is expected to increase rapidly.

Six. Technical analysis