The domestic spandex market is running steadily at a high level, and the overall price of the factory has not changed much. The current average price of 40D specifications is 68,600 yuan/ton, which is the same as the previous trading day, up 114.38% year-on-year. The spandex industry started near 90%, operating at a high level, but the supply of fine deniers is still tight.

Recently, the pure MDI market for raw materials has declined. Although some traders are reluctant to sell at low prices due to high costs, the latest quotations of some factories have been lowered. The mainstream quotations in the market have loosened. The mainstream negotiation in the market is 19600-19800 yuan/ton wire transfer barrels for self-pickup, downstream Inquiries are light, and small order purchases are the main focus. The PTMEG market also gave a narrow range of profits. As the cost-side BDO trend continued to decline, the cost-side was negative, and the supply-side shipments were mainly supplied, and the offer was lowered in a narrow range. At present, mainstream factories with 1800 molecular weight sources are bidding near 41,500 yuan/ton, and actual order negotiation refers to 40,000-41,500 yuan/ton. In terms of equipment, Yizheng Dalian’s 40,000-ton equipment has been shut down for a long period of time, and the PTMEG industry started operating at 78%.

Downstream end customers take the goods on demand, and the demand is generally followed up. Most customers order production based on sales. All parties have a strong wait-and-see atmosphere for the market outlook. The weaving market in Xiaoshao, Zhejiang Province is gradually entering the off-season, with few new orders, some large circular knitting factories have production stocks, and most large circular knitting factories have an operating rate of 5-60%. After entering May, the overall orders of warp knitting factories in Haining region have dropped significantly, and some mainstream factories are forced to lower the operating rate due to greater pressure on receivables. The operating rate is higher than 90% and full load, and some are lower than 50%.

SunSirs analysts believe that the supply of spandex is still tight, but the cost-side support is generally good. The terminal market is cautiously waiting for the market outlook. It is expected that spandex prices will continue to consolidate at a high level in the short term.

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