Weak cost support and high price finishing of spandex

According to the price monitoring of the business agency, the domestic spandex market has been at a high level recently. As of November 25, the average ex factory price of 40d was 41100 yuan / ton, with a year-on-year increase of 29.82%. Around 90% of the spandex industry started, some supply sources are still tight, and some manufacturers have made up for it strongly. According to the actual transaction sheet, the terminal enterprises have a strong wait-and-see atmosphere for the future market.

 

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

 

20D 30D 40D

Zhejiang 46000-50000 45000-47000 37000-39000

Shandong 48000-50000 45000-48000-38000-40000

Fujian-400000-48000-48000

Jiangsu 46000-50000 45000-47000-37000-39000

 

The pure MDI market of raw materials is weak, the focus of trading has shifted downward, and the transaction of new orders is limited. The shipholders actively ship the goods. With reference to 26500-27000 yuan / ton telegraphic transfer in barrels, the actual order negotiation shall prevail, and the downstream shall be cautious to replenish the warehouse as required. In November 2020, the listing price of pure MDI in barrelled containers of Wanhua chemical was 28000 yuan / ton, which was 8200 yuan / ton higher than that in October 2020. 48% of the industry started, with a small adjustment. The PTMEG market is in consolidation and operation, the demand side is cooling down, and the wait-and-see intention is enhanced. At present, the mainstream quotation of 1800 molecular weight goods source is 17000-18000 yuan / ton, and the actual negotiation is between 16200-17500 yuan / ton. The PTMEG industry started to operate at a high level of 78%, among which the 40000 tons / year plant shutdown in Yizheng Dalian.

 

Near the end of November, the domestic textile market continued to cool down in the traditional off-season. The start-up of Xiaoshao area in the lower reaches was general, and the level of round knitting machine and wrapping yarn market was maintained at 70-80%; the construction in Changshu was stable, and the opening level of round knitting machine Market was maintained at around 60%; the construction in Fujian was fair, with lace around 60% and warp knitting at about 80%; Guangdong started cautiously, and the market of yarn wrapping, warp knitting and circular knitting machine was cautious The construction starts at 60-70%.

 

Business agency analysts believe that the supply of spandex itself is still tight, the tension of individual batch number supply has not been eased, and the high-level finishing of spandex market. The support at the cost side has been weakened. With the coming of the off-season of superimposed procurement near the end of the month, downstream customers purchase on demand, and the atmosphere of market observation is relatively strong. It is expected that the short-term spandex market will fluctuate and rise in a narrow range.

EDTA