Price trend

Recently, the price of the domestic spandex market has been stable, and the average price of the 40D specification market was 38,000 RMB/ton as of October 26. The spandex industry started at around 6.9%.

Analysis review

The raw material PTMEG market operated firmly at a high price, and the 1800 molecular weight in the market was offered at a price of 21,000-23,000 RMB/ton. PTMEG industry started more than 70%, but the transportation in Xinjiang was slow, and suppliers still sold at a high price. The pure MDI market had a dip. The overall negotiation atmosphere of the market was not good. The traders were active in shipping. The market reference price was 20,600-21,000 RMB/ton, which was packaged in barrels and picked up by themselves.

At present, the "golden September and silver October" in the textile industry is fading away. The downstream purchased goods just on demand, and the orders are insufficient. At the same time, facing the suppression of the terminal textile and clothing export market, the medium and long term orders are still relatively scarce. At present, about 40% of the round knitting machines have been started, while the warp knitting industry has been maintained at 60-70%.

Market outlook

According to the analysts of vinyl cyanide, the raw material side pure MDI market fell in shock, and the supporting role was weakened. The downstream operating rate remained stable and the demand was slowly followed up. It is expected that the price of spandex will stabilize in the short term to wait and see mainly.

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