Lack Of Substantive Good Short-Term Adjustment Of Spandex Prices

According to the price monitoring of the business community, the spandex market maintained a slight decline in May. As of May 26th, the average price of the 40D specifications was 31900 yuan / ton, down 2.15% from the beginning of the month, down 6.73% from the same period last year.

　　 Mainstream price statistics of polyurethane market (unit: yuan / ton)

At present, the market trend of polyurethane fiber is flat, and the supply of factories is stable. The industry starts up 8 and runs high. The cost end support performance is general, the downstream terminal market receives the mood not to be high, the actual transaction volume volume elaborates. The mainstream negotiation of 20D spandex in Jiangsu and Zhejiang area is 36000-37000 yuan / ton; the 30D spandex mainstream talks refer to 34000-35000 yuan / ton; the 40D spandex mainstream talks refer to 28500-30000 yuan / ton, and the detailed transaction is discussed in detail.

　　 Domestic PTMEG manufacturers production and marketing dynamic summary

The upstream PTMEG market continued to be weak and stable, and the factory started to decline further, and the industry started 5 percent. According to the single negotiation, the company still keeps the profit margin, and the main quoted price of the 1800 molecular weight cargo source is 14000-15000 yuan / ton, and the actual negotiation is at 13800-14500 yuan / ton. The pure MDI market is running on the high side, the spot supply is tight, the supplier will continue to have a strong desire for the market, and the downstream market just needs to go to the market to make up the store. The progress is slow. The current domestic market quotation is in the 13500-14000 yuan / ton telegraphic transfer barreled.

Zhejiang Xiaoshao area downstream enterprises started low, the round machine, the yarn market started to maintain 3-6 level, Yiwu Zhuji area terminal demand in general, the yarn market started at 5-7. Jiangsu Wujiang area terminal started in general, the yarn market started to maintain at 5-6 level, Jiangyin area orders remain low, round machine, yarn market start level maintained at about 3. Fujian area started in general, lace maintained at 3-4, warp knitting in about 5-6. Guangdong started to work low, the circular machine and warp knitting market started to maintain at 3-6.

From the perspective of the terminal textile market, the domestic and foreign trade market has recovered to a certain extent since May, and domestic demand has gradually recovered. Some overseas countries have announced their release and export sales are quietly starting. It is reported that orders for Europe, the United States and Southeast Asia have been issued recently. However, the overall recovery is still relatively slow, and the order performance is not stable. On the export side, according to the latest statistics of the General Administration of Customs of China, in April 2020, the export volume of textiles and clothing was 21 billion 361 million US dollars, an increase of 38.43%, an increase of 9.77% over the same period last year. Among them, exports of textiles (including textile yarns, fabrics and articles) amounted to US $14 billion 620 million 700 thousand, an increase of 49.36% over the same period last year. Exports of garments (including garments and accessories) were US $6 billion 739 million 900 thousand, an increase of 30.31% over the same period last year. In 1-4 months, the total export volume of textiles and clothing in China was 66 billion 626 million US dollars, down 12.06% from the same period last year. The total export volume of textiles was 37 billion 311 million 500 thousand US dollars, up 2.90% over the same period last year. The total export volume of garments was 29 billion 308 million 900 thousand US dollars, down 22.33% from the same period last year.

Business analysts believe that at present, the spandex market is in a stalemate, and factories are starting to run high. Upstream raw materials market turbulence consolidation, pure MDI although uplink, but spandex cost side support is limited. The actual demand of terminal customers is not much followed up, and orders are few. They are all on demand, and the atmosphere of the transaction is weak. On the whole, the fundamentals are lacking in substantial benefits. It is expected that spandex prices will be dominated by weak adjustment in the near future.