Market Atmosphere Is Light, Spandex Market Keeps Downward.

According to the price monitoring of business associations, the domestic spandex market this week showed a slight downward trend, of which the 40D average price in March 20th was 31700 yuan / ton, lower than the beginning of the week. 0.63% Year-on-year decline 12.43% 。

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

The domestic spandex market is weak and stable, and the manufacturers are actively shipping. The spandex industry starts 8 to maintain high level, and the supply is stable. Downstream textile enterprises have resumed work in succession, the overall market outlook, the market atmosphere is thicker, more just need to get goods, the overall turnover is generally. 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 28000-30000 yuan / ton, and the detailed transaction is discussed in detail.

The raw material PTMEG market runs smoothly, the factory offer is on the high side, and the market is in a state of mind. The main source of the 1800 molecular weight supply price is 15000-15500 yuan / ton, and the real negotiable price is 14200-15200 yuan / ton. Pure MDI manufacturers have a large inventory pressure, weak market operation, scarce field enquiries, poor traders' shipments, and the overall turnover of the market is deserted. The Southern China area quoted 14500-14800 yuan / ton of telegraphic transfer barreled, and the East China region quoted 14200-14500 yuan / ton of telegraphic transfer barreled.

Spandex downstream factories are gradually resuming operation. The warp knitting Market in Haining, Zhejiang has been temporarily maintained at about 4-5 per cent, and the Yiwu Zhuji wrapped yarn market has started 4-5 of the total yarn package. The Jiangsu Zhangjiagang area has been upgraded to 7 near the construction level, and the market for the circular machinery market in the Changshu region has increased slightly, and the overall market has maintained 5-6%. In the vicinity of Guangdong, the enterprises in the area of the textile industry started to do a good job, and about 6 percent of the yarn was wrapped up, and the warp knitting enterprises started to increase, and the warp knitting began to maintain at 6-7 to 4. But the actual demand for raw materials is light and cautious.

The high cost of spandex will form a certain support, but demand recovery slowly, the market trading atmosphere is light, business analysts believe that the short term spandex market stability is weak.