On November 18, the domestic spandex market was stable, with an average market price of 80,000 yuan/ton, which was unchanged from the previous trading day, down 0.74% from the beginning of the month, and up 95.12% year-on-year. Spandex manufacturers started to maintain a high of 8.5%, downstream end customers just needed to follow up, and the overall market transaction was weak.

The domestic pure MDI market is stable. The mainstream negotiation is 22500-23000 yuan/ton barrels with self-extraction wire transfers. Traders mainly ship with them. The overall trading atmosphere of the market is thin, and the downstream demand is weak. The PTMEG market is sorted at a high level. The mainstream factories with 1800 molecular weight sources are bidding around 47000-49000 yuan/ton, and the actual order negotiation refers to 47000-49000 yuan/ton, and the PTMEG industry remains at 7.9%.

The power curtailment restrictions in many places in the country have been gradually lifted. About 50% of the downstream circular knitting industry and 60% of the warp knitting industry have been started. In terms of orders, the terminal link is about to enter the off-season, and the "Double Eleven" e-commerce season has ended. The raw materials are carefully followed up and mainly purchased on demand.

The former raw material market is stable and has a good support for spandex costs, but the overall terminal demand orders are still relatively small, and the enthusiasm for raw material purchases is average. It is expected that the price of spandex will remain stable in the short term.

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