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Since the National Day holiday, the viscose fiber market has remained relatively stable, with manufacturers reporting good sales performance. Some viscose staple fiber producers are showing interest in pushing prices higher, with expected increases ranging from 100 to 200 yuan per ton. Meanwhile, the viscose filament segment is experiencing a period of consolidation.
In early October, the overall viscose fiber market showed mixed trends. The price of mainstream viscose staple fiber products remained stable, with the viscose staple fiber index holding steady at 901.0 points from late September to early October. The average domestic price for viscose staple fibers was between 13,200 and 13,300 yuan per ton, with the lowest market price reaching 13,000 yuan. In contrast, viscose filament yarn prices showed a slight downward trend. The viscose filament index dropped from 638.5 points in late September to 636.5 points in early October. Prices for 133.3dtex/30f filaments fell from 28,300 yuan to 27,000–28,000 yuan, while 166.7dtex/30f remained at 27,900 yuan. The 83.3dtex/18f product saw prices hover around 48,000–49,000 yuan. For light filaments, 333.3dtex/60f products were traded between 22,000–22,500 yuan, and 133.3dtex/30f remained at 27,000 yuan.
The price divergence in early October was mainly due to a quiet cotton yarn market, which provided support for viscose staple fiber prices. Additionally, the stable operation of the people’s cotton fabric market contributed to weaker pricing for viscose filament yarns.
Looking ahead, several factors are expected to influence viscose fiber prices. The global cotton market has shown strength, with the US Cotton A Index rising from 55.05 cents/lb in late September to 57.45 cents/lb in early October. Domestic cotton 329 prices also increased from 13,800 to 14,100 yuan per ton. Currently, the market price of viscose staple fiber is about 800 yuan lower than that of domestic cotton 329, providing some support. The pulp market remains calm, with both cotton and wood pulp prices showing stable trends.
During the long holiday, shipments of viscose staple fiber were smooth, and market prices remained stable. Dachang, a major player, is considering a price increase of around 200 yuan. The viscose filament market remained stable during the National Day holiday, with Zhongdu maintaining consistent volume and relative price stability. Downstream cotton yarn prices have been running smoothly, with the center price of 40S cotton yarn remaining at 18,400 yuan and 30S at 17,300 yuan, supporting the stability of viscose staple fiber prices.
From the perspective of downstream fabric prices, the trend for viscose filament fabrics has been calm. The price of China Jet Jet silk satin (plain) remained stable at 4.70 yuan/m, while jet satin (satin) stayed at 4.30 yuan/m, offering general price support for viscose filaments.
Overall, it is expected that viscose staple fiber prices will remain relatively stable in the near term. While production companies may push for small price increases, the margin for adjustment is limited. The viscose filament market is still weak, with signs of price pressure due to increased inventory from major producers, forcing some to lower transaction prices to improve cash flow. This reflects a lack of confidence in the market outlook. As a result, viscose filament prices are likely to remain in a narrow consolidation phase.
Notably, recent cotton prices across different regions have risen to varying degrees. This upward trend in cotton could potentially drive up the price of viscose staple fiber products in the coming period.