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    Fundamentals Remain Unchanged, Short Term Spandex Maintains Weak Stability.

    2019/10/22 12:25:00 0

    Spandex


    According to the price monitoring of the business community, the market of spandex in China has been stable since October. As of October 20th, the market price of 40D specifications was 31760 yuan / ton, down 11.57% compared with the same period last year. At present, the mainstream negotiation of 20D spandex in Jiangsu and Zhejiang area is 36000-38000 yuan / ton; the 30D spandex mainstream talks refer to 35000-36000 yuan / ton; the 40D spandex mainstream talks refer to 29000-31000 yuan / ton, and the detailed transaction needs to be discussed in detail, and the quantity is large and the discount can be preferential. The spandex market is prudent in production and marketing, stable in spot supply, and actively shipped by manufacturers. The upstream raw material market is weak and volatile, and the supporting role of cost side is not strong. Downstream market demand is still flat, and goods are just needed.

    Raw materials market, the recent PTMEG market in the domestic spandex field is weak and consolidation. After the National Day holiday, the demand is still weak. The shipments of the suppliers continue to be in a low mindset. In terms of price, the 1800 main source of molecular weight supply is quoted at 15000-15500 yuan / ton, and the actual negotiation is 14300-15000 yuan / ton. The pure MDI market is weak, and the suppliers continue to pull up and continue to ship with the shipper. However, there are still some slow movements in the downstream, and some of them are still on the low side. The price is 17300-17800 yuan / ton.

    From the demand side, the end customers are not buying well, and the real transaction needs to be discussed in detail. Among them, the downstream market of Zhejiang, Yiwu and Zhuji is cautious, the market level of the yarn market is maintained at 6-8; the downstream market of Fujian area starts generally, the market level of the lace market is maintained at 3-4, and the warp knitting market starts at 6-7; the downstream market of Guangdong area is still able to start work, the round machine's opening level is about 4, and the warp knitting starts at 6-7. The downstream market of Jiangsu Zhangjiagang area has been stable, and the start-up level of the cotton bag market has been maintained at 6-7.

    Business community analysts believe that the spandex market continues to consolidate at the end of the month. Raw materials market is weak, low and low cost. At the same time, the downstream terminal market is not in high spirits, and the parties are cautious about market outlook. It is expected that the spandex market will remain weak in the short term.

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