Spandex prices fell slightly

According to the monitoring of the Business News Agency, the price of domestic spandex fell recently. As of March 14, the average market price of 40D specification was 38750 yuan/ton, down 0.96% from March 2 and 31.05% year on year. The spandex industry has started steadily at more than 80%, and the manufacturers have sufficient supply of goods. However, downstream end customers followed up cautiously, and most customers had a bearish attitude towards the future market, resulting in a slight decline in the price of spandex.

Current mainstream price statistics of spandex market (unit: yuan/ton)

AREA ./ 20D./ 30D ./ 40D

Zhejiang/ 39000-43000./ 38000-41000./ 35000-38000

Shandong/ 39000-43000./ 38000-41000./ 35000-38000

Fujian/ 39000-45000./ 38000-42000./ 35000-40000

Jiangsu/ 39000-43000./ 38000-41000./ 35000-38000

The PTMEG market is stable and wait-and-see, and the support from the supply and demand side is acceptable, but the raw material BDO is down, the terminal demand is general, and the market mentality is turning cautious. At present, the 1800 molecular weight PTMEG is negotiated and evaluated at 21000-22000 yuan/ton. The pure MDI market is stable, the supply of goods is tight, the overall attitude of traders is different, the enthusiasm of downstream procurement is not high, and the market reference price is 20000-21000 yuan/ton of T/T barreled self-delivery.

With the arrival of the traditional textile market peak season, a new round of procurement has started in the downstream field, and the start of weaving and end market has increased slightly. The start of the warp knitting field has been stable at around 70%, and the start of the circular knitting field has been stable at 5-60%. However, the demand was general and the trading atmosphere was flat. Domestic orders in spring and summer have increased, while foreign trade orders have not improved, and the factory feedback that new orders are insufficient.

According to the analysts of the Business News Agency, the supporting role of the cost side is temporarily stable, and the downstream end customers purchase on demand, and the wait-and-see mood is strong. It is expected that the market price of spandex will be stable in the short term.