According to the price monitoring of SunSirs, the domestic spandex market has been consolidating at a high level recently. As of November 25, the average ex-factory price of 40D was 41,100 yuan/ton, a year-on-year increase of 29.82%. The spandex industry has started operating at around 90%, and the supply of some goods is still tight. Some manufacturers are making up for the increase strongly. The actual transaction documents are discussed in detail, and terminal companies are in a wait-and-see atmosphere about the market outlook.
Current mainstream price statistics in the spandex market (unit: yuan/ton)
The raw material pure MDI market is weak, the focus of trading has shifted downward, new orders are limited, and cargo holders are actively shipping, reference is 26500-27000 yuan /ton wire transfer barrel, subject to actual order negotiation, downstream will be cautious to cover positions as needed. Wanhua Chemical’s pure MDI barrel listing price in November 2020 was 28,000 yuan/ton, an increase of 8,200 yuan/ton compared with October 2020. The industry started operating at 4.80%, a slight adjustment. The PTMEG market is consolidating, the demand side has cooled down, and the intention to wait and see has increased. The current mainstream quotation for 1800 molecular weight supply is 17000-18000 yuan/ton, and the actual order negotiation is at 16200-17500 yuan/ton. The PTMEG industry has started operations at a high of 7.8%, among which the 40,000 tons/year device in Yizheng Dalian is being shut down.
Towards the end of November, the domestic textile market continues to cool down in the traditional off-season. The downstream Xiaoshao area is operating normally, and the circular knitting machine and covered yarn market operating levels remain at 70-80%. The Changshu area is maintaining stability, and the circular knitting market is operating. The level remains at around 60%; in Fujian, the start-up is acceptable, lace remains at around 60%, and warp knitting is around 80%; in Guangdong, the start-up is cautious, and the start-up in the yarn covering, warp knitting, and circular knitting machine markets remains at 60-70%.
Business News analysts believe that the supply of spandex itself is still tight, and the supply shortage of individual batches has not yet eased, and the spandex market is consolidating at a high level. Cost-side support has weakened, and the purchasing off-season is approaching the end of the month. Downstream customers are purchasing on demand. All parties have a strong market sentiment. It is expected that the short-term spandex market will fluctuate upward in a narrow range. </p
