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SunSirs: Slow Follow-up of Textile’s Terminal Demand, Spandex Market is Stable

May 11 2020 10:21:57     SunSirs (Linda)

According to SunSirs price monitoring, the domestic spandex market is temporarily stable. As of May 9, the average price of 40D specifications was 32,600 yuan / ton, down 6.32% year-on-year.

Statistics of mainstream price in spandex market (unit: yuan / ton)

The spndex market has a stable market view, and the manufacturers' supply is stable, but the actual demand in the downstream terminal market has not followed up, and the overall market viewing atmosphere has not diminished. In Jiangsu and Zhejiang, 20D spandex mainstream negotiation reference is 36,000-37,000 yuan / ton; 30D spandex mainstream negotiation reference is 34,000-35,000 yuan / ton; 40D spandex mainstream negotiation reference is 28,500-29,500 yuan / ton.

Chinese PTMEG manufacturers' production and sales summary

The raw material PTMEG market continues to be weak, the supply of goods is relatively stable, the factory actively negotiates shipments, narrow margins, major factories plan to overhaul, 1,800 molecular weight supply mainstream quotes are in the range of 14,000-15,000 yuan / ton, and actual orders are in the range of 13,800-14,500 yuan / ton. The pure MDI market is weakly organized, the demand support is general, the downstream just needs to buy, the trading progress is general, the supplier's willingness to ship continues, and the center of gravity is low. The price in South China is 12,800-13,300 yuan / ton wire transfer barrel, and the price in North China is 12,800-13,500 yuan / ton wire transfer barrel.

The construction of Xiaoshao, Zhejiang was low. The circular machine and yarn covering market started at a level of 30-50%. The market in Yiwu and Zhuji was fair, and the yarn covering market remained at a level of 50% to 70%. The construction of the market in Changshu, Jiangsu remained low, and the level of the circular knitting machine and warp knitting markets remained at 30-40%. The demand in the terminal textile market is not followed up, and the actual order transaction can be discussed in detail.

SunSirs analysts believe that the current spandex market is weak and stable, and the cost support function is not strong. Although it is actively shipped, the downstream terminal market demand is slow to follow up, and the market sentiment is relatively strong.

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