According to the price monitoring of SunSirs, the domestic spandex market has maintained a high level and stable operation since April, and factory quotations have not changed yet. The average price of 40D specifications is 67,600 yuan/ton, a year-on-year increase of 107.36%. The spandex industry has started operating at around 90%, operating at a high level, and the market supply is basically stable, although individual batch numbers are still tight. The downstream terminal market is in urgent need of purchasing, so be cautious and watch the market.
Current mainstream price statistics of the spandex market (unit: yuan/ton):
The overall focus of the PTMEG market in the raw material market is upward, with mainstream factories offering 1800 molecular weight supplies around 43,000 yuan/ton. The actual order negotiation reference price is 42,000-43,000 yuan/ton, the industry has started 7.6%, and some equipment is undergoing maintenance. The pure MDI industry has started operating at 80% and is sticking to consolidation. The mainstream quotations in the market have declined steadily. Traders are shipping along with them, and downstream small orders are being purchased. The local market is negotiating at 21,500-22,000 yuan/ton for wire transfer in barrels.
Device changes of domestic PTMEG manufacturers:
Insufficient follow-up of orders by downstream textile companies is a prominent problem. The terminal market is facing a bit of difficulty in purchasing just-in-time needs. The circular knitting industry has started operating at 5.5-60%, and the warp knitting industry has started operating at 70%. We should watch the market cautiously.
Business Club analysts believe that the current spandex market trend has not changed much. Some spandex manufacturers have accumulated inventory, but the overall level is still low. Some manufacturers are also slightly nervous about fine denier, and prices are high due to tight supply. Cost pressure still exists in the raw material market, demand is slow to follow up, and upstream and downstream players continue to compete. In the short term, spandex prices will remain stable and wait and see. </p
