According to the data monitored by the business community, as of October 18, the average price of domestic industrial grade cyclohexane was 8266.67 yuan/ton, up 2.48% compared with yesterday’s price. The price was strong, rising slightly. At present, the operating rate is normal, the supply side is stable, the logistics is smooth, and the delivery atmosphere is general.

According to the price monitoring of the business community, the average price of sulfur in East China was 1510 yuan/ton on October 14, down 3.21% from last weekend, and the market was weak.

The downstream sulfuric acid market is running steadily, the supply and demand in the plant are relatively balanced, the enterprise’s quotation is temporarily stable, the monoammonium phosphate market is mainly stable, the autumn fertilizer consumption is approaching the end, the market transaction and investment are weak, the overall downstream demand is weak, and the support for the sulfur market is insufficient. The sulfur refinery in Shandong has poor shipment, the enterprise’s quotation is lowered according to its own shipment situation, and it is expected that the short-term sulfur market will wait and sort out, specifically focusing on the downstream follow-up.

After the National Day holiday, domestic viscose staple fiber continued to operate in a weak position, and the overall price fell slightly. After the festival, some manufacturers released an offer increase of 200 yuan/ton, but the terminal new orders were light, the downstream spinning was not enthusiastic enough to follow up, the overall deal was not followed up, the negotiated price was still basically maintained, and the wait-and-see mood was strong; The price fell back on the 13th, and the overall price fell slightly. The start-up rate of viscose staple fiber industry is maintained. At present, the overall load is about 60%. Under the loss operation of the manufacturer, the overall low start-up may continue. Renmian yarn continued its weak trend, the long holiday was basically over, some enterprises that had stopped work during the festival resumed work in succession, and the commencement of work gradually recovered to the pre festival level, with the overall price remaining stable

Price trend of viscose staple fiber

According to the price monitoring of the business community, as of October 14, 2022, the ex factory quotation of 1.2D * 38mm viscose staple fiber in China was 13760 yuan/ton, a decrease of 80 yuan/ton, or 0.58%, compared with the price before the festival. The price of rayon yarn remained stable. As of October 14, 2022 (30S, ring spinning, first class), the average ex factory price was 18166 yuan/ton, which was the same as the price before the festival.

Price rise and fall chart of viscose staple fiber/rayon yarn industry chain

Inventory and demand

The start-up rate of viscose staple fiber industry is maintained. At present, the overall load is about 60%. Under the loss operation of the manufacturer, the overall low start-up may continue. In addition, the cotton yarn production of the tourists decreased. Recently, most viscose staple fiber factories have no obvious negative intention, and the overall supply pressure of the industry is average. The downstream still maintained the level of just in demand procurement, and the inventory of finished products of cotton yarn enterprises rose by a narrow margin. The downstream orders of rayon yarn were not as expected, the terminal demand showed no signs of improvement, and the willingness to take delivery of goods was not high in the short term, and the demand side continued to operate weakly.

Future market forecast

In terms of demand, the weak market situation is difficult to ease, and enterprise operations still focus on priority shipping; The inventory transfer of viscose staple fiber and rayon yarn was blocked, and the market was pessimistic. Analysts from the business community predicted that the industrial chain of viscose staple fiber and rayon yarn would continue to operate in a weak position, and the price of viscose staple fiber was easy to fall but difficult to rise.

On the 13th, the domestic polyethylene spot market was dominated by weakness, and the ex factory prices of the three major varieties fell to varying degrees, ranging from 50-150 yuan/ton. International crude oil has successively lowered the negative market mentality. Although agricultural film is in the peak demand season, the downstream operating rate is low. With the completion of a new round of replenishment, the enthusiasm for entering the market has weakened. The majority of traders follow the downward quotation, mainly for shipment. It is estimated that there is still a possibility of decline in the short term.

On the cost side, crude oil fell for two consecutive days, styrene continued to weaken, pure benzene market shipment mentality, and prices continued to fall. Today, the domestic price of pure benzene is 8200-8400 yuan/ton.

With the shutdown of large aniline devices, the supply of aniline market was further tightened. At present, the market supply is limited, and the holder is reluctant to sell at a low price, while the transaction at a high price. In the later period, there are still aniline devices planned to stop, and aniline is expected to continue to rise.