SunSirs: The Market's Wait-and-See Atmosphere Remains Unabated, and China's Spandex Prices Remain Stable
April 21 2021 08:20:42 SunSirs (Linda)
Recently, the domestic spandex market has been operating at a high level, and the overall price of the factory has not changed much, and the supply of some sources is still tight. The current average price of 40D specifications is 67,600 yuan/ton, a year-on-year increase of 107.36%. The spandex industry starts near 90%, and the downstream terminal market continues to have rigid demand, and the actual transaction can be negotiated.
Current mainstream price statistics of spandex market
The raw material market PTMEG market remained stable, the industry started 7.6%, some equipment was overhauled, and the inventory pressure of the factory was not large. The mainstream factories with 1800 molecular weight source offered an offer near 43,000 yuan/ton, and the actual order negotiation refers to 42,000-43,000 yuan/ton. The pure MDI industry started 80% and remained unchanged. The market situation was sorted out and the transaction situation was not good. The local market negotiated for 21,500-22,000 yuan/ton wire transfer barrels to pick up.
Installation changes of domestic PTMEG manufacturers
Spandex manufacturers have maintained a high level of start-ups, and the supply of some coarse deniers is stable, and there is even a small amount of inventory. The raw material market is weak, and the cost-side support effect is average. Downstream customers buy on demand. The overall market watching atmosphere remains undiminished. SunSirs analysts predict that the spandex market will continue to operate steadily in the short term.
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