According to the price monitoring of the business community, the domestic spandex market price showed a slight upward trend since the middle and early May. As of May 27, the average price of 40d specification was 69400 yuan / ton, which was 2.66% higher than that of May 13, with a year-on-year increase of 117.55%. Downstream milk silk, Teflon and other elastic fabrics demand is strong, the market supply continues to be tight, supporting its price up, spandex manufacturers started to maintain a high level of about 90%, some manufacturers said that the inventory is low, new orders are not accepted, mainly for old customers.
Current mainstream price statistics of spandex market (unit: yuan / ton)
20D 30D 40D
Zhejiang 84000-88000 74000-76000 65000-68000
Shandong 86000-89000 75000-77000 65000-68000
Fujian 86000-89000 75000-77000 64000-70000
Jiangsu Province 84000-88000 74000-76000 63000-68000
The supporting function of cost side is general. The raw material PTMEG market has a narrow profit margin, the cost side BDO trend continues to decline, the cost side is bad, and the quotation has a narrow decline. The 1800 molecular weight supply of mainstream factories offers around 41500 yuan / ton, the actual single negotiation reference is 40000-41500 yuan / ton, the industry starts at 780%, and the stable operation is maintained. The pure MDI declined in a narrow range. The market negotiation was around 19600 yuan / ton of telegraphic transfer, which was 200 yuan / ton lower than that in mid May. The overall wait-and-see atmosphere was strong, and 80% of the industry started to run at a high level.
Downstream Jiangsu and Zhejiang weaving market gradually entered the off-season, new orders are not many, part of the round machine factory production inventory. The off-season market and raw material prices remain high, the gross profit of the industry is constantly compressed, the enthusiasm of production of Da Yuan machine factory is not high, and the start-up rate of most Da Yuan machine factories is 50-60%, maintaining weak stability. Haining area warp knitting factory overall order decline, part of the mainstream factory receivables pressure is big, forced to reduce the operating rate, started around 680%.
Business analysts believe that although the current high start spandex manufacturers, but manufacturers supply is still tight, inventory levels decreased, some manufacturers said that the limited discharge, rising intention is strong. In addition, statistics show that the domestic spandex production capacity is 870000 tons, the monthly output is 67000 tons, a small amount of imports (about 2000-3000 tons of imports per month), a small amount of exports (about 6000-8000 tons of exports per month), and the export quantity is higher than the import quantity, which has a good import and export adjustment mechanism. It is expected that this mechanism will also play a certain role in the price maintenance of spandex in the future. But the current cost side support is insufficient, downstream market on-demand procurement, careful wait-and-see, forming a certain negative. Overall, it is expected that the price of spandex will continue to run at a high level in the short term.
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