Strong wait-and-see atmosphere, spandex market temporarily stable

According to the price monitoring of the business agency, the domestic spandex market remained stable this week. As of December 18, the average ex factory price of 40d was 41400 yuan / ton, which was flat compared with the beginning of the week, with a year-on-year increase of 29.78%. Around 90% of the spandex industry started, the supply of manufacturers gradually stabilized. The cost end main raw material PTMEG was strong, and pure MDI was weak. The downstream market buying was not high, and the trading atmosphere was general.

 

Current mainstream price statistics of spandex market (unit: yuan / ton)

 

20D 30D 40D

Zhejiang 46000-50000 45000-47000 37000-39000

Shandong 48000-50000 45000-48000-38000-40000

Fujian 48000-50000 45000-48000-38000-40000

Jiangsu 46000-50000 45000-47000-37000-39000

The price of raw material PTMEG is stable. At present, the mainstream quotation of 1800 molecular weight goods source is 18000-19000 yuan / ton, and the actual price negotiation is 17500-18500 yuan / ton. 80% of the industry started operation, and the load of some factories decreased slightly. Specifically, in the 40000 ton plant shutdown in Yizheng Dalian, the load of 46000 ton unit in Chongqing Chiyuan Chemical Industry Co., Ltd. decreased slightly by 70%, and the load of 46000 ton unit in Sichuan Tianhua slightly decreased. The pure MDI market is running smoothly, and the offers of the cargo holders are temporarily stable. The market reference is 23000-24000 yuan / ton telegraphic transfer in barrels, and the actual order is subject to negotiation. In December 2020, the listing price of pure MDI in barrels of Wanhua chemical was 28000 yuan / ton, which was the same as that in November, and the settlement price in November was 27500 yuan / ton.

 

After the double 11, 12 and Christmas season orders, the textile market returned to light in December, and the follow-up orders were insufficient. The enthusiasm of taking goods in the terminal market is not high, the overall market purchasing pace is slowing down, and the atmosphere of market observation is strong. But spring festival orders in advance, some textile enterprises just need to replenish the warehouse. In the field of circular knitting machine, 56% was started, while in the field of warp knitting, about 70% was started. In the traditional textile market, in recent years, the local transactions of the fabrics with fashionable features such as nylon polyester, nylon cotton, cotton brocade and polyamide polyester elastic, nylon cotton elastic and cotton brocade elastic fabrics with spandex silk are relatively smooth, and the subscription is mainly in small quantities and varieties.

 

Business agency analysts believe that the current high level of spandex market finishing, spot supply is basically stable. The supporting role of the cost side still exists, and the downstream terminal market is purchased on demand, and the atmosphere of market observation is strong. In the past years, after the new year’s day, textile enterprises began to decline gradually. After the winter order digestion, the demand side will gradually show a downturn. It is expected that the price of spandex will maintain stable operation in the short term, and there is a risk of falling back in the future market.

PVA