Price trend

After the Spring Festival, the spandex market was stable and sorted out. According to the monitoring of SunSirs, the average market price is 35,125 RMB/ton as of January 28, down 40.47% year on year. The spandex industry is about 60% under construction, with sufficient supply.

Analysis review

The supporting role of the cost side is maintained. The price of PTMEG factory is mainly high. The industry starts about 70%, and the market price is between 18,000-19,000 RMB/ton. The market reference of pure MDI is 17,800-18,200 RMB/ton.

The operating rate of the downstream circular machine field is 20%, and that of the warp knitting field is 30-40%, which is low. In the end market, the post-holiday atmosphere gradually warms up, and further attention should be paid to the resumption of work after the holiday.

Market outlook

Analysts from SunSirs believe that the price of spandex is stable in the short term, and the support of the raw material end is acceptable. With the resumption of downstream textile enterprises after the festival, the demand side will improve, which may boost the spandex market.

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