There is a risk of weakness in the spandex market with flat demand.

Release time:

2022-04-02

According to the price monitoring of the business agency, the domestic spandex price has been stable since mid-to-late March, with the average market price at 56500 yuan/ton, down 16.42 percent from the same period last year. Spandex industry starts fell to 8.3 percent, with ample supply. Mainstream factories maintain a wait-and-see mood, factories are bought as they are used, and the market outlook is more bearish.
Recent Device Changes of Domestic PTMEG Manufacturers
Cost end support maintenance, raw material PTMEG(1800 molecular weight) market quotation in 42000-45000 yuan/ton, negotiation assessment in 41000-42000 yuan/ton, some high-end supply prices are higher, the industry started down to 8.8. Most manufacturers are continuing to deliver pre-contract orders and have not yet entered a new contract cycle, so the price side has not fluctuated significantly. Pure MDI traders stable price shipments, the current market reference price of 22,000-22500 yuan/ton wire transfer barrel self-lifting.
Downstream terminal textile factory start-up rate than the previous decline, the round machine field started 5-6 percent, the field of warp knitting started 6-7 percent. Some knitting factories also said that orders could be made by the end of March, but April was not optimistic. Domestic sales and foreign trade are under pressure, the order situation is not as good as the same period in previous years, so the terminal weaving enterprises to take goods cautiously, no speculative willingness to replenish the warehouse. And affected by the epidemic, there are also problems with logistics and transportation.
The support of the raw material market is acceptable, but the "Golden Three" peak season is not prosperous, the downstream terminal market demand is still flat, and the trading atmosphere is cautious. It is expected that the spandex market will temporarily maintain stable operation in the short term, and there is a risk of weakening in the future.

Lifejackets, diapers, children's masks and other industrial related products are included in the "National Key Industrial Product Quality and Safety Supervision Catalog (2022 Edition)"

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