With the liberalization of policies, the popularity of masks has also heated up again. So will the spandex yarn, the main raw material for making mask belts, also take advantage of the demand brought about by this mask controversy to rise?
Since the beginning of 2020, with the outbreak of the new crown epidemic, medical masks and other medical protective equipment have been in short supply. The world was once faced with a situation where mask production capacity was insufficient and supply exceeded demand. At the same time, the price of spandex yarn, which has not changed much in previous years, has also fluctuated. Since last year, spandex yarn has experienced crazy ups and downs, and the current price of spandex yarn has basically bottomed out.
Of course, the ups and downs of spandex yarn are not closely related to the mask belt. In fact, the amount of spandex yarn used in the mask belt is very small, maybe only 20%-30%. This amount will not have a big impact on the spandex yarn. The price has increased, so the impact of the rising demand for masks on the price of spandex yarn can be imagined.
Demand is the key to determining price
The surge in spandex prices last year was mostly due to joint hype by manufacturers. Many uninformed downstream manufacturers may have stocked up when the price started to rise, but did not actually buy into it in the later stages. However, spandex manufacturers confidently believe that price increases can promote Everyone’s desire to buy has led to price increases that have continued for nearly a year. Until November last year, prices began to drop. Taking 30D spandex as an example, the highest price was 104,000 yuan/ton, while the current price is only 38,500 yuan/ton. Shortly The price dropped by 65,500 yuan/ton in just one year.
In the past few years, due to the scarcity of domestic production capacity and the hot demand for four-way elastic, the price of spandex yarn has also increased slightly from stable to slightly. However, the amount of spandex in the fabric is only less than 10%, which will not cause such a crazy price increase at all. Domestic manufacturers increased production capacity and raised prices like crazy. No one bought it. As a result, the inventory of spandex manufacturers for a period of time reached an unimaginable level. What followed was crazy price cuts. But even so, last year’s prices alone have already made spandex manufacturers There is a lot of money to be made, and some manufacturers even say that based on the price in 2021, profits will at least triple. Therefore, even if the price is close to bottoming out recently, spandex manufacturers will not lose money.
Of course, the chance of the next increase in spandex prices is still very slim.
The wolf is coming? If you tell me too much, no one will believe you.
Spandex yarn has basically not risen this year. The overcapacity and the reduction in demand have resulted in it only having a rising heart but no hope of rising. Wearing a mask may become a living habit of more people in the future. The epidemic has brought huge changes to the mask industry. The short-term demand for spandex for mask ear straps can be maintained, but it is not enough to sustain it for a long time.
Assuming that the price of spandex yarn will rise in the future due to the demand for mask belts, this reason is very far-fetched. Under the influence of the previous sharp rise and fall trend, spandex manufacturers should not blindly increase prices.
But according to the current situation, the demand in the weaving market next year will definitely be better than this year. The increase in demand for four-way spandex-containing spandex products may drive a slight increase in the price of spandex yarn. In fact, spandex products are in The current weaving market is still very promising, and spandex fiber may one day change from “flavoring agent” to regular fiber in fabrics. By then, the amount of spandex fiber used will be greatly increased, and perhaps that’s when spandex will really increase in demand.
Generally speaking, the current rising space for spandex yarn is still very limited. In the short term, the price will remain stable, and there may be a slight increase. Textile bosses do not need to panic when stocking up on demand.
</p
