Rising Price Of Spandex Affects Underwear Market

Recently, the spandex industry association and a number of spandex production enterprises have reached the intention of unifying the overall price of spandex in a unified way. That is to say, enterprises will raise their price of 20D, 30D and 40D spandex price by 3000 yuan / ton in September 20th, and agreed that the price of each 20D, 30D and 40D will be followed up again in October 1st for a price increase of 2000 yuan / ton.

Chang Yizhi, a researcher in the chemical industry, believes that the supply and demand relationship of the spandex market is tight at present. With the gradual digestion of downstream inventory and the rising purchasing intention of downstream manufacturers, the spandex industry has ushered in a new round of price rise.

If these two price rises can be realized as scheduled, the increase of spandex will reach 5000 yuan / ton.

This is obviously a great benefit for spandex manufacturers.

Chang Yi Zhi pointed out that in recent years, the spandex market in China has maintained a relatively fast growth rate of 10% per year, and spandex products have a good market prospect in China.

At present, the domestic

At the same time, because the current situation of energy saving and emission reduction is very severe in China, local governments have implemented measures to limit electricity in order to achieve the goal of energy saving and emission reduction.

The impact of the restricted electricity policy has led to a fall in the operating rate of the spandex industry, which has reduced the market supply of spandex, resulting in a tight stock market.

Therefore, Chang Yi Zhi believes that the market demand for spandex is constantly improving due to the tension between supply and demand in the market.

However, Chang Yi Chi also pointed out that at present, the power restriction measures adopted by all countries for energy conservation and emission reduction have begun to halt. The policy of electricity restriction in areas like Jiangsu and Zhejiang has been gradually slowed down, but the supply of late spandex will increase.

Moreover, at present, the pressure of RMB appreciation has further increased.