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SunSirs: Textile Spandex Market would be Weak

November 25 2019 10:23:38     SunSirs (Linda)

According to the price monitoring of SunSirs, the domestic spandex market has been weak since October. On November 22, the average market price of 40D was 31,660RMB/ton, down 0.31% from the beginning of the month, down 10.40% year on year.

Recent mainstream spandex prices (unit: RMB/ton)

 

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

Fujian

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

 

 

 

 

 

 

 

 

The production and sale of spandex market have been cautious, and the supply of manufacturers has been stable. At present, the mainstream price of 20D spandex in Jiangsu and Zhejiang Province is 36,000-38,000RMB/ton; the mainstream price of 30D spandex is 34,000-35,000RMB/ton; the mainstream price of 40D spandex is 28,000-30,000RMB/ton, and the market has been light, and the actual transaction volume has been negotiated.

In terms of raw material market, the domestic PTMEG market in spandex field has been integrated and operated, part of the factory's maintenance has been reduced, the main quotation has been stable, the main quotation of 1800 molecular weight goods price is 15,000-15,500RMB/ton, and the actual negotiation price is 14,000-14,800RMB/ton. MDI market also has operated in a weak position, with weak support of demand and circulation of low-cost goods. The quotation is 16,800-17,200RMB/ton by telegraphic transfer in barrels.

Recent changes of PTMEG plants in China

Factory name

Production capacity (10,000 tons/year)

Notes

Shanxi Sanwei

5

In shutdown, no restart plan

Jiaxing Xiaoxing

12

Phase II has been restarted

Hangzhou Sanlong

6

In shutdown (heard)

Sinopec Great Wall Energy and Chemica

9.2

Two devices operate stabliy with 80% load

Shaanxi Shanhua

4.6

With 80% load

Henan Energy and Chemical

6

In shutdown

Xinjiang Blue Ridge Tunhe

4.6

In shutdown and overhaul

Xinjiang Guotai Xinhua

3

A PTMEG device (30,000ton/year) operates stably

From the demand side, the intention to take the goods has not been good, and the overall market just need has been weak. The terminal market in Zhuji District, Yiwu District, Zhejiang Province started cautiously, and the starting level of yarn wrapping market remained around 60%; the terminal market demand in Fujian Province was average, the starting level of lace market remained around 30%, and the starting level of warp knitting market was about 60%; the downstream market in Guangdong Province was stable, the starting level of circular machine was between 30% and 40%, and the starting level of warp knitting was between 60% and 70%; Zhangjiagang District, Jiangsu Province market starts generally, and the level of cotton bale market starts maintained at 60-70%.

According to the analysts of SunSirs, in the current raw material market, the cost side has not supported spandex well, while the order follow-up situation in the downstream market has been general, the actual demand has still been cautious, and the negotiation and transaction have been flexible, so the trend of spandex market would still be weak.

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

 

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