SunSirs--China Commodity Data Group

Sign In

Join Now

Home > Commodity News > News Detail
Commodity News
SunSirs: Multi Negative Factors Make Short-Term Spandex Prices Remain Weak
November 07 2019 13:50:30SunSirs(Linda)

According to the price monitoring of SunSirs, the domestic spandex market has remained stable in November. On Nov 6, the average price of 40D was 31,760RMB/t, the same as that of the beginning of November, 11.57% lower year on year.

Recent Mainstream Prices (unit: RMB/t)

 

20D

30D

40D

Zhejiang

36,000-38,000

34,000-35,000

28,000-30,000

Shandong

37,000-39,000

35,000-36,000

29,000-30,000

Fu & Guang

37,000-39,000

35,000-36,000

29,000-30,000

Jiangsu

36,000-38,000

34,000-35,000

28,000-30,000

Recently, the spandex market has been cautious, the transaction atmosphere has been light, the spot supply has been stable. The price of 20D spandex in Jiangsu and Zhejiang region is 36,000-38,000RMB/t; 30D spandex is 34,000-35,000RMB/t; 40D spandex is 28,000-30,000 RMB/t. The downstream terminal market is not in good mood, and the parties are cautious about market.

Changes domestic PTMEG manufacturers

Manufacture

Adress

Capacity (10,000 t/y)

Note

Shanxi Sanwei

Hongdong, Shanxi

5

In shutdown,no restart plan

Jaixing Xiaoxing

Jiaxing, Zhejiang

12

2nd phase has been restarted

Hangzhou Sanlong

Hangzhou, Zhejiang

6

Heard in shutdown

Sinopec Great Wall Energy and Chemical

Yinchuan, Ningxia

9.2

Two devices operate stably and the load is 80%

Shanxi Shanhua

Huaxian, Shanxi

4.6

The load is 80%

Henan Energy and Chemical Industry

Hebi, Henan

6

In shutdown

Xinjiang Blue Ridge Tunhe

Changji, Xinjiang

4.6

The load is 60%

The market of raw material PTMEG has been in a weak position, and the atmosphere of new orders has been relatively low. In terms of prices, the main quotation of 1800 molecular weight goods is 15,000-15,500RMB/t, and the actual price is 14,000-14,800RMB/t. The pure MDI market has had a consolidation, the downstream market has been weak, some of the offers have been relatively stick, the quotation is 17,400-178,00RMB/t telegram barreled.

From the perspective of the demand side, the actual mood of taking goods in the terminal market is not high, and all parties maintain that their rigid needs. The market demands of Yiwu and Zhuji in Zhejiang are generally maintained, and the starting level of the yarn market is maintained at 60-70%. Wujiang Jiangsu market began to be cautious, the yarn market started to maintain a level of 50-60%. The market in Fujian has been stable, the market of lace market has been maintained at 30-40%, and the warp knitting market has been built in 60-70%. The market demands in Guangdong have remained stable, the level of circular machine has been set at 30-40%, and warp knitting has been maintained at 60-70%.

SunSirs analysts believe that the spandex market is stable and the supply of manufacturers is stable. The raw material market is running weak, and the focus of the new negotiations continues going downward. The demand for terminal market is slow to follow up, and the wiat-and-see mood of the market is strong. On the whole, the multi negative factors are make spandex market remain weak in the short term.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

8 Industries
Energy
Chemical
Rubber & Plastics
Textile
Non-ferrous Metals
Steel
Building Materials
Agricultural & Sideline Products