The Fundamentals Are Poor. The Price Of Spandex Is Still Running At The Bottom.
According to the price monitoring of business associations, this week (September 2-6), domestic spandex market declined slightly, of which the 40D standard market average price was 31800 yuan / ton, 0.31% lower than the beginning of the week, down 8.62% compared with the same period. The main factory quotes at 29000 to 32500 yuan / ton, large quantity can be preferential. Manufacturers supply stable, supply of goods is still adequate, but cost support role is not strong, downstream terminal market demand is still light, the overall market view of the city atmosphere is thicker.
Domestic polymerization MDI market stalemate weak collation. As of September 6th, the average price of the market was 13125 yuan / ton, down 0.19% from the beginning of the week, down 25.71% from the same period last year. The atmosphere is light, and the shipper maintains the shipment status. The cost is limited and the shipment is mainly followed by the lack of confidence.
Entering the traditional "Kim Gu" month, textile terminal market demand has slightly followed up, but the overall is not optimistic. The actual buying mood is cautious, and the overall market needs to be maintained just now. At present, the Wujiang region's downstream start sentiment is acceptable, the market level of the yarn market is maintained at 6-7, the Fujian area starts to maintain low position, the lace Market start level maintains 3-4, the warp knitting market starts at about 6; the Guangdong area circular machine starts the level to maintain 3-4, the warp knitting starts to maintain at 6-7; the Haining area warp knitting market starts the mood to be general, the starting level basically keeps 5-6.
Business analysts believe that at present, the raw material market is weak, and the cost side is insufficient. Although the downstream is already the peak season for traditional textile demand, it seems that the peak season is not good enough, the performance is not good, the actual order is not high, and the parties are stalemate. It is expected that spandex prices will continue to remain weak in the near future.
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