According to the Commodity Market Analysis System of Shengyishe, the domestic PTMEG price has slightly decreased this week. As of March 12th, the PTMEG price was 20933 yuan/ton, a year-on-year decrease of 0.94%.
| Azodicarbonamide (AC foaming Agent) |
In terms of equipment
At present, the overall operating rate of the domestic industry is stable around 85%.
Upstream aspect
From the upstream raw material market of PTMEG, the market for 1,4-butanediol has remained stable this week, with a price of 9428 yuan/ton. Recently, some devices have undergone maintenance and replacement, but due to the accumulation of inventory during the Spring Festival, the current supply is still sufficient.
At present, the price of maleic anhydride is 7110 yuan/ton, a year-on-year decrease of 0.25%. The supply is relatively sufficient, and the market has a strong wait-and-see attitude, with limited new orders signed.
In terms of demand
The main downstream spandex price is 31000 yuan/ton, a decrease of 0.4% year-on-year from the beginning of the month. The overall demand in the tourism industry is generally following up, suppressing the trend of raw materials.
Future Market Forecast
Cost support is average, spot trading is light, and the overall market situation is stagnant and consolidating. It is expected that PTMEG prices will continue to operate weakly.
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