The market is better than expected and the price of viscose is increased per ton

Since August 20th, the price of viscose staple fiber products will be adjusted by RMB 200/t. The price increase will cover low-end and high-end products, and the export price will not be less than USD 1,600/tonne (FOB).

According to sources, the main reason for the price increase was that the market situation was better than expected, and the inventory of all manufacturers was low. Coupled with the traditional textile season in the third quarter, manufacturers decided to raise prices slightly.

Among A-share listed companies, Sanyou Chemicals and Aoyang Science and Technology are involved in the production and marketing of viscose staple fibers. According to public information, the annual production capacity of Sanyou Chemical Viscose Staple Fiber is approximately 500,000 tons, and that of Aoyang Technology is approximately 300,000 tons. The increase in product prices will have a positive impact on the revenue and profit levels of the two companies.

Sanyou Chemical announced on the evening of August 19 that the company’s wholly-owned subsidiary, Tangshan Sanyou Group Xingda Chemical Fiber Co., Ltd., successfully launched two new color fiber products, namely Qingqing Fiber and Pink Fiber, to downstream users. The production of these two products has filled the domestic market. The blank space in the field.

According to the announcement, “Sanyou Color Fiber” is a color viscose staple fiber produced by wet spinning using high-quality cotton, wood pulp, and bamboo pulp as raw materials. Up to now, there have been more than 40 kinds of "Sanyou Color Fiber" colors, of which more than 10 products have been produced in volume. Since the beginning of this year, the monthly sales volume of colored fiber has increased by about 1,000 tons compared with last year. In particular, sales volume of black silk products has accounted for more than 50% of the domestic market share. The new products of Tibet Blue fiber launched this time currently have a tax-included price of 18,000 yuan/ton or more, a higher gross profit margin than ordinary fibers, and a monthly sales volume of about 1,000 tons, which will have a positive impact on the company's operating performance.