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SunSirs: Upstream and Downstream Continue to Play Games, Spandex Prices are Temporarily Stable and Wait and See

April 15 2021 09:02:33     SunSirs (Linda)

Since April, the domestic spandex market has maintained a stable operation at a high level. The price of the factory has not changed temporarily. The average price of 40D specifications is 67,600 yuan/ton, an increase of 107.36% year-on-year. The spandex industry started near 90%, operating at a high level, and the market supply was basically stable, and individual batch numbers were still tight. The downstream terminal market just needs to buy, and the main thing is to watch the market cautiously.

The overall center of gravity of the PTMEG market in the raw material market is increasing. The mainstream factories with 1800 molecular weight sources are bidding around 43,000 yuan/ton, and the actual order negotiation refers to 42,000-43,000 yuan/ton. The industry starts at 7.6%, and some devices are overhauled. The pure MDI industry started 80%, insisted on sorting out, the mainstream quotations in the market fell steadily, traders shipped with them, downstream small orders were purchased, and the local market negotiated for 21,500-22,000 yuan/ton wire transfer barrels to pick up.

Insufficient follow-up of orders for downstream textile companies is a prominent problem. The end market just needs to purchase a little bit difficult. The circular knitting field starts at 5.5-6%, and the warp knitting field starts at 70%. Watch the market cautiously.

SunSirs analysts believe that the current market trend of spandex has not changed much. Some spandex manufacturers have experienced inventory accumulation, but the overall level is still low. There are also some manufacturers that are slightly tight for fine deniers, and the prices are high for tight goods. The cost pressure of the raw material market still exists, the follow-up of demand is stagnant, and the upstream and downstream continue to play. In the short term, the price of spandex will remain stable and wait-and-see.

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

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