According to the price monitoring of SunSirs, the domestic spandex market has remained stable in November. On Nov 6, the average price of 40D was 31,760RMB/t, the same as that of the beginning of November, 11.57% lower year on year.
Recent Mainstream Prices (unit: RMB/t)
|
|
20D |
30D |
40D |
|
Zhejiang |
36,000-38,000 |
34,000-35,000 |
28,000-30,000 |
|
Shandong |
37,000-39,000 |
35,000-36,000 |
29,000-30,000 |
|
Fu & Guang |
37,000-39,000 |
35,000-36,000 |
29,000-30,000 |
|
Jiangsu |
36,000-38,000 |
34,000-35,000 |
28,000-30,000 |
Recently, the spandex market has been cautious, the transaction atmosphere has been light, the spot supply has been stable. The price of 20D spandex in Jiangsu and Zhejiang region is 36,000-38,000RMB/t; 30D spandex is 34,000-35,000RMB/t; 40D spandex is 28,000-30,000 RMB/t. The downstream terminal market is not in good mood, and the parties are cautious about market.
Changes domestic PTMEG manufacturers
|
Manufacture |
Adress |
Capacity (10,000 t/y) |
Note |
|
Shanxi Sanwei |
Hongdong, Shanxi |
5 |
In shutdown，no restart plan |
|
Jaixing Xiaoxing |
Jiaxing, Zhejiang |
12 |
2nd phase has been restarted |
|
Hangzhou Sanlong |
Hangzhou, Zhejiang |
6 |
Heard in shutdown |
|
Sinopec Great Wall Energy and Chemical |
Yinchuan, Ningxia |
9.2 |
Two devices operate stably and the load is 80% |
|
Shanxi Shanhua |
Huaxian, Shanxi |
4.6 |
The load is 80% |
|
Henan Energy and Chemical Industry |
Hebi, Henan |
6 |
In shutdown |
|
Xinjiang Blue Ridge Tunhe |
Changji, Xinjiang |
4.6 |
The load is 60% |
The market of raw material PTMEG has been in a weak position, and the atmosphere of new orders has been relatively low. In terms of prices, the main quotation of 1800 molecular weight goods is 15,000-15,500RMB/t, and the actual price is 14,000-14,800RMB/t. The pure MDI market has had a consolidation, the downstream market has been weak, some of the offers have been relatively stick, the quotation is 17,400-178,00RMB/t telegram barreled.
From the perspective of the demand side, the actual mood of taking goods in the terminal market is not high, and all parties maintain that their rigid needs. The market demands of Yiwu and Zhuji in Zhejiang are generally maintained, and the starting level of the yarn market is maintained at 60-70%. Wujiang Jiangsu market began to be cautious, the yarn market started to maintain a level of 50-60%. The market in Fujian has been stable, the market of lace market has been maintained at 30-40%, and the warp knitting market has been built in 60-70%. The market demands in Guangdong have remained stable, the level of circular machine has been set at 30-40%, and warp knitting has been maintained at 60-70%.
SunSirs analysts believe that the spandex market is stable and the supply of manufacturers is stable. The raw material market is running weak, and the focus of the new negotiations continues going downward. The demand for terminal market is slow to follow up, and the wiat-and-see mood of the market is strong. On the whole, the multi negative factors are make spandex market remain weak in the short term.
If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.