Cotton is the main raw material of cellulose products (Sodium CMC, HPMC, MC, etc), so cotton production could influence prices of cellulose products. Let’s analyze the cotton price trend based on the forecast of 2021 cotton production by Cellulose Industry Association.
National Cotton Marketing made a survey for main cotton-growing regions and they estimate the output of cotton in 2021 is 5.68 million tons which drops by 4.8% compared with records of last 3 years:
Based on above data, we can forecast that cotton production in 2021 has declined about 20% compared with 2020. Considering this, the cotton price will keep at a higher level before Q2-2022. Certainly, it also depends on the market demand.
Cotton is the necessary raw material for high viscosity Sodium CMC, like FH3000(FVH6-3), FH4000(FVH6-4), FH5000(FVH6-5) and FH6000(FVH6-6), etc. All the above types Sodium CMC can be provided by SINOCMC.
Data Source: China Cellulose Industry Association