Foreword

We witnessed a highlight moment for lyocell in 2022 when there was an explosive growth of demand stimulated by the high price of cotton, and the pre-sale of lyocell plants reached the volume of several months production with the price soaring by as high as 3,000yuan/mt. The profit of lyocell companies started to turn from negative to positive, and the operating rate of the industry was also higher than that of prior years.
Although the grand occasion did not continue as cotton prices fell, Lyocell's awareness and application fields have expanded significantly, and this has also given hope to upstream and downstream companies. If the potential of demand can be aroused, some troubles in the lyocell market mainly caused by fast supply growth in recent years will no longer be a big problem, and the cooperation and enthusiasm for development by the end-users will accelerate.

How quickly and on what scale will these hopes manifest? What new insights do each link of the industrial chain have on the development of the industry? What progress has Chinese companies made after a year of hard work in a turbulent environment? How does Lyocell's own growth rhythm interact with other products?
The 3rd Lyocell Industry Forum to be held on May 23, 2023 will invite industry experts to have discussions on the above topics, and we sincerely look forward to your participation!