According to SunSirs price monitoring, in the 21st week of 2021 (5.24-5.28), there are 3 commodities in the chemical fiber sector that have increased month-on-month in the commodity price increase and decrease list, among which spandex ranks first.
The domestic spandex market price has shown a slight increase this week. As of May 28, the 40D specification The average price is 69,400 yuan/ton, with a weekly increase of 1.17% and a year-on-year increase of 117.55%.
Current mainstream price statistics in the spandex market (unit: yuan/ton)
Downstream milk silk, The demand for elastic fabrics such as German velvet is strong, and the supply of goods in the market continues to be tight, supporting the upward price growth. The start-up of spandex manufacturers has remained at a high level of around 90%. Some manufacturers said that the inventory is low and they will not accept new orders for the time being and mainly supply to old customers.
However, the recent support effect on the cost side has been average. The raw material PTMEG market has a narrow profit margin. The mainstream factory quotation for 1800 molecular weight supply is around 41,500 yuan/ton. The actual order negotiation reference price is 40,000-41,500 yuan/ton, and the industry has started production at 7.80%. Pure MDI fell within a narrow range, and market discussions were around 19,600 yuan/ton for wire transfer barrels and self-pickup. The overall wait-and-see atmosphere was strong.
Business News analysts believe that the current cost-side support is insufficient, and the downstream market purchases on demand, so we should wait and see cautiously. However, spandex manufacturers are currently affected by tight supply and have a strong intention to continue to increase prices. In addition, the export quantity of spandex is higher than the import quantity, and there is a good import and export adjustment mechanism. It is expected that this mechanism will also play a certain role in maintaining the price of spandex in the future. It is expected that spandex prices will still fluctuate and run on the warm side in the short term.
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