Market Demand For Spandex Is In Short Supply And Prices Are Rising.

< p > Zhao Xiangdong, vice president of China Chemical Fiber Industry Association, said on Friday (6) that the price of spandex this year is mainly due to the slow development of the spandex industry in recent years, the limited expansion of production capacity, and the good application of products. The market demand has increased, resulting in low inventory of the enterprises, and the market is in short supply, and the price of the products has gone up.

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< p > Zhao Xiangdong made the above remarks on the nineteenth China International Chemical fiber Conference (Tongxiang 2013) on Friday (6).

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< p > Zhao Xiangdong expressed his concern about the future of spandex. He thought that once the industry rebounded, the expansion of capacity would also increase.

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< p > "productivity is not nothing, but it has not been released before. In fact, the capacity base of some enterprises is larger. It is also very easy to expand production.

"He said.

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< p > a chemical analyst of Huijin brokerage company said at a strategic meeting in Financial Street, Beijing on Tuesday, from the current supply side, the spandex production capacity in China has basically been put into operation after three years of rapid expansion, and the demand for spandex will grow faster than supply growth in the future.

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< p > according to the great wisdom aastock news agency reported on September 4th, the price of the spandex increased, and the 4 leading enterprises in the spandex industry this year merged the net profit to 387 million yuan, up 396% compared with the same period last year. After deducting the net profit, the net profit was 374 million yuan, up 358% over the same period last year.

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< p > the brokerage analysts also indicated that according to the current statistical expansion plan, the domestic spandex production capacity increased by 5 thousand to 10 thousand tons in 2013, and the capacity growth rate was only 1%. In 2014, there was only 2-3 tons of capacity expansion.

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< p > the price of spandex increased by 2000 yuan / ton at the end of July, and increased by 1000 yuan at the end of August. At present, the price of spandex 40D product is about 50 thousand -5.3 / ton.

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