In September, the domestic spandex market maintained a slight upward trend. According to the Commodity Market Analysis System of Business Society, the price of 40D spandex as of September 7th was 34250 yuan/ton, an increase of 0.74% compared to the beginning of the month. The overall construction of the industry is around 72%, and the cost side is still strong, with a slight increase in downstream demand.
Current mainstream price statistics of spandex market (unit: yuan/ton)
20D/ 30D/ 40D
Zhejiang/ 38000./37000./35000
Henan/ 37000./35500./33000
Fujian/. 37000.//. 34000./32500
Jiangsu/ 39500./37500./36500
Cost support still exists, and the price of pure MDI raw materials in the East China market has risen. The mainstream offer for Shanghai goods is 22200-22800 yuan/ton, and the market supply is limited. The overall downstream market is slow to follow up, with a focus on small orders. The price of PTMEG remains stable, with a molecular weight of 1800 quoted at 20000 yuan/ton, with little change in the device.
Since mid to late August, downstream terminal weaving has shown a slight increase in textile and clothing orders. Most factories have reported that winter fabrics are gradually being issued, and the operating rate of weaving machines in Jiangsu and Zhejiang has slightly increased to over 64%. At the same time, there have been frequent regulatory notices related to the Asian Games recently. Due to concerns about a reduction in the overall supply of raw materials in the later stage, procurement costs have increased, and some downstream companies have concentrated replenishment.
Analysts from Business Society believe that the current increase in cost pressure has forced spandex factories to raise prices. The demand side is slowly recovering, with raw material prices rising, but the terminal order situation has not significantly improved. The “Jinjiu” market remains to be observed, and it is expected that the short-term spandex market will be cautious and wait-and-see.
| http://www.pva-china.net |