According to the price monitoring of SunSirs, the domestic spandex market has continued to rise since August 10, 2020. Taking 40D as an example, as of March 5, 2021, the highest point was 69,600 yuan/ton, an increase of 123.79%, the highest in the past 10 years. new highs. Then it began to fall slightly from the high level, and the current average market price of 40D is 67,600 yuan/ton. The current market is selling goods at low prices, and all parties are panicking about the market outlook. The spandex industry has started operating at around 90% and is operating at a high level. The supply of some fine denier products in factories is still tight. Manufacturers continue to hand over orders, but are cautious in following up on new orders. Inventory is still at a low level. Although the inventory of some manufacturers has rebounded slightly, the overall market trend remains high.
Current mainstream price statistics in the spandex market (unit: yuan/ton)
The price of PTMEG in the raw material market is at a high level. Currently, the mainstream factory quotation for 1800 molecular weight supply is around 40,000 yuan/ton, and the reference for actual order negotiations is 35,000-42,000 yuan/ton. The PTMEG industry has started operating at around 80% and is maintaining stable operation. Equipment maintenance will increase in April, including Jiaxing Xiaoxing’s 135,000 tons, Hangzhou Sanlong’s 60,000 tons, Xinjiang Meike’s 50,000 tons, and Panjin Changchun’s 60,000 tons unit operating load. Gao, the 40,000-ton unit in Yizheng Dalian has been parked for a long time. The pure MDI market continues to fall, and traders ship goods along with it. The current market negotiation is around 23,000 yuan/ton for wire transfer barrels and self-pickup.
The downstream market operations remain normal. The circular knitting machine market operating level in Xiaoshao, Zhejiang remains at around 60%; the circular knitting machine operating level in Changshu, Jiangsu remains at 50%; the lace, Warp knitting production is at 50% to 70%; Guangdong’s circular knitting, yarn wrapping and warp knitting market production is at 60% to 80%.
Business Club analysts believe that the current spandex market is adjusting at a high level, manufacturers’ installation operations remain at a high level, and on-site supply has stabilized. End demand in April has attracted much attention, which involves seasonal fabric conversion. , downstream customers are slightly cautious in purchasing goods. According to the follow-up of orders, production is determined based on sales. The overall market trading atmosphere is cautious. The supporting role of the cost side has also weakened slightly, and the spandex market is expected to be stable but weak in the short term. </p
