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    Home > Chemicals Industry > China Chemical > The spandex market remained on the upside

    The spandex market remained on the upside

    • Last Update: 2022-10-25
    • Source: Internet
    • Author: User
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    Since October, the domestic spandex market has maintained an upward trend
    .
    According to the data monitoring of the business agency, as of October 18, the average market price of spandex 40D specifications was 37,900 yuan (ton price, the same below), up 8.
    12% from the beginning of
    October.
    Overall, the current operating rate of the spandex industry is nearly seventy, the market spot supply is temporarily stable, and the inventory of individual specifications and models is tight
    .

    Specifically, cost support remains
    .
    The polytetrahydrofuran (PTMEG) market for spandex raw materials is stable, and the industry operating rate has increased to more than 70%, but the transportation in Xinjiang is slow, and the supplier's mentality of price is relatively strong
    .
    At present, the domestic PTMEG market offer price is 23,000 yuan, and the negotiation and evaluation price is 21,000~23,000 yuan
    .
    Another raw material, diphenylmethane diisocyanate (MDI), is tight in the market, and traders are reluctant to sell, so the mainstream quotation remains high, and the reference price is 21,500~22,000 yuan
    .

    On the demand side, the order acceptance of downstream textile enterprises has improved, but it is still dominated
    by short orders and small orders.
    Even in the traditional peak season, the volume of terminal orders is far from the same period of previous years, and the demand
    has not been concentrated.
    The operating rate of the textile industry is at a low level, of which the operating rate of the circular machine industry is around 40%, and the operating rate of the warp knitting industry is 670
    %.

    For the future market, business analysts believe that under the current increase in cost pressure, manufacturers are offering to follow the rise and sell
    at a high price.
    However, the demand-side performance is still weak, and the enthusiasm for raw material procurement is not high, which has formed a certain drag
    on the spandex market.
    On the whole, it is expected that short-term spandex prices will still fluctuate upward
    .

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