SunSirs:China's Spandex Market in September 2025: Steady Prices and Capacity Pressures
September 29 2025 16:25:48
September 2025 data from SunSirs : domestic device output reached 89,000 metric tons, down 2.2% month-over-month, with capacity utilization at 77%. This follows August's 91,000 tons, reflecting seasonal softening in downstream textile demand amid ample inventories.
Zhejiang's 20D spandex at 28,500 RMB/ton and 40D at 24,000 RMB/ton—flat from early September but down 5-7% year-over-year. Cost-side support from raw materials like MDI remains mixed, with BDO up 3% on supply constraints.
Total domestic capacity at 135+ million tons annually—up 9% YoY—led by expansions from Huafeng Chemical (32.5 million tons, plus 20 million under construction for 2026). Yet, profitability lags: gross margins hover at 0.5-1%, with smaller producers facing 800-1,200 RMB/ton losses. Downstream apparel retail grew 8.5% YoY, but athleisure demand (10-20% spandex blends) plateaus amid economic caution.
SunSirs forecast Q4 recovery: utilization to 82% on holiday peaks and "Belt and Road" exports.
As an integrated internet platform providing benchmark prices, on September 29, the benchmark price of spandex on SunSirs was 24,250.00 RMB/ton, the same as at the beginning of this month.
Application of SunSirs Benchmark Pricing：
Traders can price spot and contract transactions based on the pricing principle of agreed markup and pricing formula (Transaction price=SunSirs price + Markup).
If you have any inquiries or purchasing needs, please feel free to contact SunSirs with support@sunsirs.com.
- 2026-01-12 SunSirs: Spandex Remains in Significant Oversupply with Prices Persisting at Low Levels
- 2025-12-23 SunSirs：2025 Polyurethane Industry: A Comprehensive Overview of Major Developments
- 2025-12-16 SunSirs: China's Textile and Apparel Exports Grow 7.22% Month-on-Month in November 2025
- 2025-07-09 SunSirs: The Domestic Spandex Market Situation in Some Regions on July 8th
- 2025-06-06 SunSirs: Spandex Market Prices in Various Regions are Temporarily Stable
