According to the price monitoring of the business society, the domestic spandex market price fell slightly in the past week. As of March 25, the average ex factory price of the domestic spandex market was 67600 yuan / ton, down 1.46% from the previous week and up 113.92% year on year. The start-up of the industry was maintained at around 90%. The supply of manufacturers was basically stable except that some of them were tight. The downstream customers bought on demand. The overall market outlook was strong.
Current mainstream price statistics of spandex market (unit: yuan / ton)
20D 30D 40D
Zhejiang: 82000-85000 73000-75000 65000-68000
Shandong: 83000-86000 74000-76000 65000-68000
Fujian 83000-86000 74000-76000 65000-68000
Jiangsu Province: 82000-85000 73000-75000 65000-67000
In recent years, PTMEG in raw material market has been in consolidation operation, and BDO in cost side has a limited decline range, which is still at a high level as a whole. In terms of price, 1800 molecular weight is still available, and the mainstream factory offers around 40000 yuan / ton, and 35000-42000 yuan / ton is referred for actual negotiation. In April, the number of unit maintenance increased, including 135000 tons in Jiaxing Xiaoxing, 60000 tons in Hangzhou Sanlong and 50000 tons in Xinjiang Meike. At present, the 60000 ton unit in Panjin Changchun has low operating load, and the rest of the units are in stable operation, with 80% of the whole industry in operation. The pure MDI market is temporarily stable, and the market negotiation is between 24500-25500 yuan / ton by telegraphic transfer and self delivery in barrels. In March, the listing price of pure MDI barrels of Wanhua chemical was RMB 28000 / ton, with a month on month increase of RMB 4000 / ton. In February 2021, the settlement price was 22500 yuan / ton, with a month on month increase of 900 yuan / ton.
Recently, all textile factories have resumed normal production, and the output has increased significantly. However, the end customers are not in a high mood to take the goods. 60% of the round machine industry started, and 70-75% of the warp knitting industry started, so we should wait and see. The number of fabrics in the market has decreased significantly compared with that in the past few years, especially the grey cloth produced with high price raw materials. The downstream market has a strong wait-and-see mentality, and the sales volume is shrinking. At present, the operating rate in Shengze is about 80%. Because the market has slowed down, the overall grey cloth inventory is now stable at about 38 days.
Business analysts believe that the cost support is not strong, the terminal market is not high mood to take goods, enterprises mainly to return funds to inventory, trading atmosphere is flat. It is expected that in the short term, the price of spandex is stable and weak.