Under the influence of the rise of viscose staple fiber in the upstream, the price of cotton yarn rises sharply after the festival, and the manufacturer may have a certain willingness to support the price. According to the price monitoring of the business society, as of October 9, 2021, the average ex factory price of human cotton yarn (30s, ring spinning, first-class products) was 19000 yuan / ton, an increase of 2000 yuan / ton, or 11.7%. There may be stock mood in the downstream of the terminal, and the trading atmosphere may be improving, but the overall market atmosphere is relatively light, and most of them hold a wait-and-see attitude.

Future forecast

Under the continuous “double control”, the upstream viscose staple fiber quotation was bullish. In the case of no significant improvement on the demand side, analysts of business society expect that the price of human cotton yarn will pick up in the short term, but the range is limited. We still need to pay attention to policy changes in the follow-up.