Weak cost and weak demand, and the price of spandex fell back

According to the price monitoring of the business community, the domestic polyurethane fiber market fell back in November. As of November 21, the average price of the 40D specification market was 36750 yuan/ton, down 3.29% from the beginning of the month and 53.95% year on year.

 

PVA

Spandex manufacturers started to work at about 70%, or there is a downward trend, but the market spot supply is relatively sufficient. The cost side support was weakened, the downstream market transaction was weak, and all parties were bearish about the future market.

 

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

 

20D ./30D./ 40D

Zhejiang/. 38000-44000./36000-41000./33000-38000

Shandong./38000-44000/. 37000-41000./33500-36000

Fujian./39,000-47,000./. 38,000-41,000./35,000-39,000

Jiangsu./38000-44000./36000-41000./33000-38000

 

The raw material PTMEG industry started and remained stable at around 65%, the cost BDO continued to decline, the downstream lacked real order negotiations, and the market situation was weak. At present, the market price of PTMEG (1800 molecular weight) was 20,000-21,000 yuan/ton. The overall confidence of the pure MDI market is insufficient, traders are more active in shipping, downstream demand is low, and the focus of the market mainstream negotiation continues to move down. For reference, it is 18000-18500 yuan/ton telegraphic transfer barreled self lifting.

 

In the textile terminal industry, orders for “Double 11″ and “Double 12″ have been completed successively, with obvious off-season characteristics and weak demand. In terms of weaving, it is hard to hide the weak trend of decline in the operating rate. The operating rate of looms in Jiangsu and Zhejiang has decreased to below 56%.

 

Analysts from the business community believe that the supporting role of the cost side is weak and stable, the trading and investment in the downstream terminal market is weak, and the demand follow-up is insufficient. All parties are cautious about the future market, and it is expected that the spandex market will maintain a downward trend in the short term.

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