The domestic spandex market remains stable. According to the price monitoring of SunSirs, the average market price as of November 2 is 80,600 yuan/ton. A year-on-year increase of 109.35%. There has been a strong sentiment in the spandex market recently, with many manufacturers expecting price increases, and the industry’s operating start-up remained at 8.20%.
The raw material pure MDI market is stable, traders are reluctant to sell and are bullish. The current mainstream reference is 23,500-24,000 yuan/ton by wire transfer in barrels, and the industry’s start-up is 7.8%, and the start-up is temporarily stable. The PTMEG market is rising at a high level, and factories still have a strong price mentality. In terms of price, mainstream factories for 1800 molecular weight supply are offering around 49,000-51,000 yuan/ton, and actual order negotiations are based on 48,000-50,000 yuan/ton. The PTMEG industry’s operating start-up is 7.5%, and the start-up is slightly increased.
Installation situation of domestic PTMEG manufacturers
The downstream circular knitting industry has 40% to 50% of production capacity, and the warp knitting industry has 50% to 60% of production capacity. The production capacity has picked up slightly. Customer demand continues to be strong. Even if the power restriction policy is relaxed, the overall operation is still at a low level, and production enthusiasm is not high. Although some manufacturers currently report increased demand for winter orders, it is expected that market demand will gradually decline as orders are delivered one after another.
The current raw material market remains at a high level, and the cost-end support has increased, but downstream end customers just need to purchase. It is expected that the spandex market will remain cautious and wait-and-see in the short term, with little price fluctuation. </p
