Fabric Products,Fabric Information,Fabric Factories,Fabric Suppliers Fabric News Fundamentals lack bullish stimulus and the risk of weakening spandex prices still exists

Fundamentals lack bullish stimulus and the risk of weakening spandex prices still exists



According to monitoring, the overall domestic spandex market rebounded slightly in April. As of April 26, the 40D specification was 33,100 yuan/ton, up 5.08% from the beginning of the month and down 7.63% year-…

According to monitoring, the overall domestic spandex market rebounded slightly in April. As of April 26, the 40D specification was 33,100 yuan/ton, up 5.08% from the beginning of the month and down 7.63% year-on-year. There was a slight fall on the 26th, with a single-day decline of 0.60%.

The supply of spandex manufacturers has basically remained stable, and the inventory pressure of some conventional specifications has not been stable. Decrease, adjust the production rhythm, the supply of coarse denier is still tight, the production capacity has improved, there are more early orders, most manufacturers are currently handing over early orders. The mainstream negotiation price for 20D spandex in Jiangsu and Zhejiang is 36,000-38,000 yuan/ton; the mainstream negotiation price for 30D spandex is 34,000-35,000 yuan/ton; the mainstream negotiation price for 40D spandex is 28,500-29,500 yuan/ton. The actual order will be discussed in detail.

The raw material PTMEG market has declined weakly, and the raw material BDO has experienced a large decline recently, dragging down its price. The mainstream quotation of 1800 molecular weight supply is 14000-15000 yuan/ton, and the actual order negotiation is between 13800-13800 yuan/ton. 14,800 yuan/ton. Pure MDI continues to be weak at a low level, and the downstream is cautiously increasing its volume to replenish its positions. The demand for stocking is limited, and the willingness to ship is low for negotiation. The price quoted in North China is 13,500-13,800 yuan/ton for wire transfer barrels, and the price for South China is 13,500-13,800 yuan/ton for wire transfer barrels.

The downstream market in Zhuji, Yiwu, Zhejiang is still open, the yarn wrapping market is open at 50-60%, and the market in Changshu is maintained. Low, the operating level of circular knitting and warp knitting markets remains at 30-40%; the overall operating level of the Fujian market remains average, with lace remaining at 30-40% and warp knitting at about 50-60%; enterprises in Guangdong are cautious in operating, with circular knitting Market operating conditions remain at 30% to 50%. In the terminal textile market, the mood for accepting orders is not high, the actual transaction atmosphere has turned weak, the market sentiment is strong, and the actual demand is light.

The current supply of spandex is basically stable, and manufacturers are actively shipping. There is insufficient positive support on the cost side, and at the same time, downstream terminal demand is cautious to follow up. The fundamentals lack positive stimulation, and the risk of the spandex market weakening in the short term still exists. </p

This article is from the Internet, does not represent Composite Fabric,bonded Fabric,Lamination Fabric position, reproduced please specify the source.https://www.tradetextile.com/archives/36588

Author: clsrich

 
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