"Golden Nine Silver Ten" Traditional Peak Season Is Coming, Spandex Market Is Available In September.

According to the price monitoring of trade associations, the price of domestic spandex market remained stable in August. As of August 29th, the market price of 40D specifications was 31900 yuan / ton, unchanged from the beginning of the month, down 10.98% from the same period last year. The supply of the spandex field is stable, although it is actively shipping, but the downstream terminal market is cautious in actual procurement, maintaining just needed goods, negotiating flexibility and large quantity of discount. In addition, the cost side support is still not strong, so the parties view the market sentiment is strong, price stalemate.

The market for raw materials polymerized MDI dropped again in the first half of August after experiencing the first 2 months of callback. As of August 29th, the average price of the market was 13100 yuan / ton, down 2.96% from the beginning of the month, down 25.85% from the same period last year. Under the pressure of inventory, prices fell all the way, and near the end of the month, the load of factories in the North continued to decrease and support the market. But terminal demand has always been weak, market mentality is different, and the atmosphere is still light.

The cost is facing a stalemate, the downstream terminal market demand is not enough, and the off-season influences the purchasing enthusiasm. The operation of the lower reaches of Zhangjiagang in Jiangsu has basically remained stable, and the start-up level of the cotton bag market has remained at 6-7. The demand for terminal market in Zhejiang Zhuji area is generally, and the starting level of the yarn market is maintained at around 6. The lace Market in Fujian has been operating at a level of about 4, and the warp knitting market has started at 6-7. In Guangdong, the operation level of the circular machine has been maintained at 3-4, and the warp knitting has been maintained at 6-7.

Judging from the textile industry, the textile index of the business community shows that the textile index in August 29th was 863 points, down 2.37% from 884 at the beginning of the month, down 25.35% from the 1156 point (2018-09-03) of the cycle, which was 20.70% higher than that of the 02 lowest point of 2016 17 (note: cycle 2011-12-01 to date). On the export side, according to the latest statistics of the General Administration of Customs of China, in July 2019, the export volume of textiles and clothing was 27 billion 514 million US dollars, an increase of 11.64%, an increase of 2.09% over the same period last year. Among them, exports of textiles (including textile yarns, fabrics and articles) amounted to US $10 billion 767 million 300 thousand, an increase of 5.99% over the same period last year, and exports of garments (including garments and accessories) were US $16 billion 747 million, a decrease of 0.27% over the same period last year.

Business analysts believe that although there are factories in the north, the stalemate of raw materials is still hard to change. The downstream terminal market just needs to be traded lightly. It is expected that the price of spandex will continue to be weak in September. With the arrival of the "golden nine silver ten" autumn and winter fabric procurement season, the demand side will be improved, and there is still some expectation on the price.