Price Fluctuation Of Spandex

According to the price monitoring of the business agency, the market trend of domestic spandex continued to maintain stability. On October 21, the average market price was 80600 yuan / ton, up 128.98% year-on-year. The operating rate of spandex factory is 7.50%, the spot supply is OK, and the cost support still exists. However, how to continue the trend of the terminal market needs to be continuously followed up, and the wait-and-see mood is heavy.
From the perspective of upstream raw material market, PTMEG market is mainly stable. The mainstream factories with 1800 molecular weight are offering around 46000-49000 yuan / ton, and the reference for actual order negotiation is 45000-48000 yuan / ton. However, the negotiation atmosphere in pure MDI market was weakened, and the quotation of traders was lowered. The negotiation price was RMB 23000-23500 / T.

Downstream customers' intention to take goods is limited, and there is a slight replenishment action. The factory is cautious in accepting new orders, mainly focusing on early production orders. The "double 11" e-commerce clothing orders and winter home textile orders are warmer than before, but they are still not good year on year. At present, the comprehensive starting rate of Jiangsu and Zhejiang looms is 55%.

Recently, the price of domestic spandex market has not changed a lot, and the manufacturers have started to resume, and the supply of goods is sufficient. Some spandex manufacturers can flexibly ship. Overall, the cost side is still good support, but limited by the lack of downstream demand, spandex prices are expected to be weak in the short term, mainly volatile operation.