According to the price monitoring of SunSirs, the domestic spandex market price has fallen slightly in the past week. As of March 25, the average ex-factory price of domestic spandex market was 67,600 yuan/ton, down 1.46% from the previous week and up 113.92% year-on-year. The industry start-up remains at around 90%. The supply of manufacturers has basically maintained a stable supply except for some fine deniers, which are tight. Downstream customers are purchasing on demand, and the overall market sentiment is strong.
Current mainstream price statistics in the spandex market (unit: yuan/ton)
Recently, the raw material market PTMEG has been consolidating. The decline in BDO in cost is limited, and overall it is still at a high level. The factory’s intention to raise prices still exists. In terms of price, mainstream factory reports on 1800 molecular weight supply The price is around 40,000 yuan/ton, and the reference price for actual order negotiation is 35,000-42,000 yuan/ton. There was an increase in equipment maintenance in April, including: Jiaxing Xiaoxing 135,000 tons, Hangzhou Sanlong 60,000 tons, and Xinjiang Meike 50,000 tons. The current operating load of the Panjin Changchun 60,000 tons unit is not high, and the rest of the operations are stable, and the overall industry operation is 8 become nearby. The pure MDI market is temporarily stable, and market discussions are at 24,500-25,500 yuan/ton for wire transfer in barrels. Wanhua Chemical’s pure MDI barrel listing price in March was implemented at 28,000 yuan/ton, an increase of 4,000 yuan/ton from the previous month. The settlement price in February 2021 is 22,500 yuan/ton, an increase of 900 yuan/ton from the previous month.
Recently, all textile factories have resumed normal production, and output has increased significantly. However, end customers are not in a high mood to receive goods. The circular knitting industry has started operations at over 60%, and the warp knitting industry has started operations at 70-7.50%, so they remain on the sidelines. The quantity of fabrics shipped has been significantly reduced compared to the end of the year, especially gray fabrics produced with high-priced raw materials, and no one even cares about them. The downstream market has a strong wait-and-see mentality and sales are shrinking. The current operating rate in Shengze area is around 80%. Because the market shipments have slowed down, the overall gray fabric inventory is now stable at around 38 days.
Business News analysts believe that cost support is not strong, the terminal market is not enthusiastic about purchasing goods, companies mainly focus on destocking and withdrawing funds, and the trading atmosphere is dull. It is expected that spandex prices will be stable and weak in the short term. </p
