On July 12, the price of 40D spandex was 77,000 yuan/ton, an increase of 1,600 yuan/ton from the price in early July, and an increase of 1,600 yuan/ton from the price in three months. The previous price rose by 9,400 yuan/ton, with an increase or decrease of 13.91%, and an increase of 156.34% from the average price in the same month last year. The overall price of 40D spandex is on an upward trend. The spandex market is stable and relatively stable. The upstream raw material market is fluctuating and consolidating. The cost-end support is still good. The supply of manufacturers is still tight. Early orders continue to be handed over. Some manufacturers will not accept new orders for the time being and mainly supply high-quality customers.
From the perspective of upstream commodities, MDI prices showed an overall upward trend in June, rising by 2.84% in June 2021. The domestic polymeric MDI market is mainly consolidating after rising prices. It is difficult to find low prices in the market, but the transaction atmosphere has improved significantly. According to SunSirs monitoring data, as of July 12, the domestic market price of polymerized MDI was 20,125 yuan/ton, with the price increasing by 19.97% month-on-month and 65.30% year-on-year. Recently, the PTMEG market in the domestic spandex field is mainly price-keeping, and the trend of BDO on the cost side is relatively strong. PTMEG factories are operating stably, and the quotations have not changed much. The downstream follow-up is on demand, and the trading atmosphere is acceptable.
The current spandex market continues to be at a high level, with good support from the cost side. The spot supply on the market is still tight. Downstream end customers just need to get the goods and continue to hand over early orders. There is a strong market atmosphere. . The spandex market is expected to grow steadily in the short term. Since 2021/4/18, the 7-day moving average has crossed the 30-day moving average and started an upward trend. The current two moving averages continue to rise in the same direction. Calculated on July 11, 2021, the probability of a change in operating situation (that is, the 7-day moving average crossing below the 30-day moving average) in the next 7 days is only 2.73%. (Note: If the 7-day moving average crosses the 30-day moving average upward, the index enters an upward channel; if the 7-day moving average crosses the 30-day moving average downward, the index enters a downward channel.)</p
