The Price Of Spandex Raw Material MDI Has Not Fluctuated In The Near Future.

Spandex raw materials: pure MDI market and manufacturers' trends

East China

The market is flat, and the market price of Dow and Huntsman negotiated price is 22200-22500 yuan / ton, and the price of Japanese and Korean negotiable goods is about 22600-22800 yuan / ton.

The pure BASF MDI plant in Shanghai is operating normally. In June, the liquid pure MDI contract price of the company was executed around 21800 yuan / ton, up 600 yuan / ton compared with May.

Yantai Wanhua pure MDI device is operating normally. The company's liquid pure MDI listing price was 22500 yuan / ton in June, and the price of bottled pure MDI was 22900 yuan / ton, which was 1000 yuan / ton higher than the May listing price. The company's liquid MDI settlement price was 21200 yuan / ton in the month, and the settlement price of barreled goods was 21400 yuan / ton, up 500 yuan / ton from last month.

Pure MDI led this week's chemical products

Affected by the continued downturn in crude oil and poor cost pmission, the petrochemical market still fell more or less this week.

This week's monitoring showed that 68 chemical products accounted for 13% of the total number of varieties, of which MDI was the biggest weekly gain of 2.27%, and urea, titanium dioxide and propylene rose to varying degrees. The price was flat and the total number of varieties dropped 59, of which bromine, glycol and toluene decreased by more than 5%.

It is understood that as Ningbo Wanhua production capacity of 600 thousand tons / year of two sets of MDI devices began in June 1st to repair, resulting in tight spot market, directly pushing up the price of pure MDI, yesterday's mainstream product quoted price of 22500 yuan / ton, than the beginning of the week rose 500 yuan / ton.

Compared with last month's 78% decline in the petrochemical industry, the 48% decline this week indicates that the industry is slowing down.

The crude oil market is likely to be narrowed up and down at 85 US dollars. Under this influence, it is expected that the chemical industry and rubber and plastics industry will continue to fall for some time. On the product side, with the demand for methanol and rubber entering the off-season, the supply will be sufficient, and the price has not yet been adjusted in place.

Insufficient demand and limited upstream space

The near future

Upstream pure MDI due to overhaul of equipment, enterprise limited production, tight supply, resulting in pure MDI prices continue to rise.

In terms of downstream demand, spandex market is approaching the period of conventional production and sales in the off-season of our textile industry, and the demand for spandex in the downstream is insufficient.

Last week, many manufacturers have put the production restriction overhaul plan on the agenda, and the basic inventory of the whole production area is relatively low. At the same time, the mainstream production enterprises of spandex continue to carry out pre orders, and the demand for large client terminals is stable.

At the end of the week, 20D's basic shipments were still operating at 53000-62000 yuan / ton, 30D's mainstream trading area adjusted to 47000-51000 yuan / ton, and 40D leading sales level was also consolidated at 41000-46000 yuan / ton.

However, the price of the main textile raw materials in the early stage showed a trend of falling across the board and the market panic that followed, and stimulated most businesses to gradually increase the conventional textile production and sales off-season. During the same period, many people in the industry tended to see the down trend of the spandex under the main raw materials. Especially for the 20D and 30D specification products with relatively high price and relatively high inventory of many enterprises, the follow-up purchase negotiation atmosphere in the spandex market in many areas was gradually falling down.

In the field of procurement, despite the steady start and procurement of stable weaving factories, the total volume of spot trading is still supported. However, the main textile materials are expected to decline and many manufacturers "fall" in the off-season.

"Psychological upgrading, however, has reduced the supply of new products to a certain extent, and has greatly reduced the business expectations of the latter market.

Although the cost price of spandex keeps rising, or the price of spandex can be increased to a certain extent, the demand for spandex in the lower reaches is weak, which will make the spandex market move forward.