Weak Fundamentals, Spandex Prices Steady Wait And See

According to the price monitoring of the business community, the market of domestic spandex market is stable in recent years. As of December 19th, the market price of 40D specifications was 31900 yuan / ton, down 8.33% compared with the same period last year.

Recent price statistics of spandex market (unit: yuan / ton)

Spandex market general atmosphere, manufacturers supply stable, a strong market atmosphere, the mainstream factory quotes to maintain stability. 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 34000-35000 yuan / ton; the 40D spandex mainstream talks refer to 28000-31000 yuan / ton, and a single transaction volume is negotiated.

The raw material market, the PTMEG market is running smoothly, the supplier's main offer price is stable, and the shipment is mainly negotiated. The new capacity is put into production plan, so the market is cautious and wait-and-see, and the price intention is weak. The price of the 1800 molecular weight supply is priced at 15000-15500 yuan / ton, and the price is 14000-14800 yuan / ton. Pure MDI market weakness continued, downstream low price search and make up, demand support is limited, the focus of trading atmosphere is light. At present, the North China pure MDI market quoted 16000-16300 yuan / ton telegram barreled, the Southern China pure MDI market quoted 15900-16300 yuan / ton telegram barreled.

Recent changes in domestic PTMEG plant installations

Since December, the downstream market has entered the traditional off-season, and the demand for fabric and fabric is relatively weak. Manufacturers are insisting on buying and selling raw materials. Terminal factories are now making Christmas orders abroad, and the orders for clothing and fabrics in autumn and winter are almost at an end. There is not much follow up order in the downstream area of Fujian, the market level of the lace market is maintained at 3 percent, the warp knitting market starts at about 6, the downstream market demand in Guangdong is followed up cautiously, the level of the circular machine starts at 3-4, and the warp knitting starts at 6-7. Zhejiang Xiaoshao District downstream market started slightly more general, the cotton bag market started to maintain a level of about 6. Jiangsu Wujiang terminal market started slightly stable, the yarn market started to maintain at 6-7 level.

Business analysts believe that at present, the spandex market is looking steadily, the raw material market is weak and volatile, the cost side supporting performance is general, the downstream terminal enterprises are not buying high, and the overall transaction performance is light. On the one hand, due to repeated trade disputes between China and the United States, they dare not place a large order. The whole order is mostly "small batch and multiple batches" dominated, just need to purchase. On the other hand, the demand for the new year's Spring Festival will be further lowered, and the market will be more pessimistic.