Recently, many raw materials have increased to varying degrees. However, due to the international oil price rising first and then falling, the price has fallen back in the past two days. However, the price of spandex yarn has been particularly strong. The continuous rise after the holiday has made the spandex yarn The long-lost “spring” has ushered in.
This rebound in the price of spandex yarn can be said to be the first price increase this year. The current price of 30D spandex is 37,500 yuan/ton, which is 2,000 yuan/ton higher than before the National Day. Although it cannot be compared with last year’s crazy increase, it can An increase of 2,000 yuan in just half a month is a gratifying event for spandex manufacturers.
Costs rise, spandex bottoms out
During the festival, crude oil closed sharply higher and returned to above US$90/barrel, giving the entire domestic chemical fiber market a strong upward momentum. Although the price of crude oil has fallen again recently, this does not affect the continued rise in the price of spandex yarn. As the price of upstream pure MDI continues to rise, the price has increased by nearly 1,000 yuan/ton in ten days, and the current price is 21,200 yuan/ton. , this price is in the middle position compared with previous years. Although the price of spandex yarn increased crazily last year, as the upstream pure MDI, there was no such situation. It can be seen that last year’s crazy price increase was purely a joint hype of spandex yarn manufacturers. It has nothing to do with cost. Therefore, pure MDI still has plenty of room for growth in the later period, and the rising cost will lead to a continued increase in the price of spandex yarn in the later period.
For spandex yarn, whose price was at its peak last year, the current price has simply reached the bottom. From the early low-priced spandex yarn, this seems to be the bottoming out of the price. It is impossible to say that it will fall again. Now, unlike the small drop in the price of nylon yarn, the price of spandex has also started to rise. There will be a rebound in a short period of time, but it will not be the same as before, which cannot stop the price increase of cars.
Insufficient demand and limited room for growth
Although the current price of spandex yarn seems to have bottomed out, assuming that demand from downstream weaving manufacturers is difficult to pick up, the space for price increases of spandex yarn will also become very limited.
This year’s weaving market is also very strange. In previous years, elastic fabrics have already been on the best-selling list during this period, but this year’s four-way elastic products have no news in the market. Judging from the situation in previous years, elastic fabrics It has been popular in the market since the end of August. Because of the Christmas season and Double Eleven, the number of gold, silver, and silver ten orders is more than that of gold, three, and silver. However, the atmosphere of this year’s peak season is as dull as if it has stalled, which also led to the early spandex It is difficult for silk prices to rise, and there is no room for price increases due to demand.
So don’t look at the current increase in the price of spandex yarn by 500 or 1,000. It may not be long before this wave of increases will come to an abrupt end. To achieve a truly sustained increase, the impact on the cost side is actually not big. If there is more demand, even if the cost side does not rise, it will continue to rise. The problem we are facing now is insufficient demand, so it is difficult for the demand for fabrics containing spandex to pick up in the future. , then it is very difficult for the price of spandex yarn to rise, and it may even decline again.
In general, the current increase in the price of spandex yarn is entirely due to cost factors, so it is still very difficult to continue to increase prices. Assuming that the cost side falls in the future, spandex yarn will still return to the bottom. However, if the market is not good, the demand will not be good. Factors that already exist include Double Eleven and Christmas. Downstream weavers will more or less receive orders for autumn and winter fabrics. The rigid demand is still supported, and price increases may continue.
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