According to the price monitoring of business agency, the domestic market price of spandex rose sharply in October. As of October 27, the average market price was 37200 yuan / ton, up 12.39% compared with the beginning of the month and 17.13% higher than that at the beginning of the month. Spandex manufacturers offer to varying degrees up, it is understood that according to the manufacturer’s own situation, spandex manufacturers pushed up 2500-6000 yuan / ton in the month. The upstream raw material price remains high, the cost side support is not reduced, and the downstream terminal customers purchase on demand, and the actual transaction needs to be discussed in detail.
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Current mainstream price statistics of spandex market (unit: yuan / ton)
20D 30D 40D
Zhejiang 37000-40000 36000-39000 30000-33000
Shandong 38000-40000 37000-39000 31000-34000
Fujian 38000-40000 37000-39000 31000-34000
Jiangsu 37000-40000 36000-39000 30000-33000
Price statistics of domestic pure MDI market in October (unit: yuan / ton)
Regional up and down from September 27 to October 27
South China 19500-20000 34000-35000 14500-15000
North China 19500-20000 34000-35000 14500-15000
East China 19500-20000 34000-35000 14500-15000
As of October 27, the market reference price was 34000-35000 yuan / ton, and the telegraphic transfer barrel was subject to the actual order negotiation, with a month on month increase of 14500-15000 yuan / ton. The industry started to operate by 52%, and continued to decline slightly, resulting in the shortage of factory supplies. In October 2020, the listing price of pure MDI in barreled containers of Wanhua chemical was 19800 yuan / ton, which was 1800 yuan / ton higher than that in September 2020. The main raw material PTMEG continued to rise. The mainstream quotation of 1800 molecular weight goods source was 15000-15500 yuan / ton, and the actual order negotiation was 14200-15400 yuan / ton, with a month on month increase of about 1000 yuan / ton. In terms of devices, 75% of the industry has been started, and most of them are stable. Among them, the 40000 ton unit in Yizheng Dalian is still in shutdown, and the 60000 ton unit in Xinjiang Guotai Xinhua is in shutdown.
Downstream customers continue to just need to pick up the goods, Zhejiang Xiaoshao area enterprises started normal, the round machine, wrapping yarn market operating level maintained at 70-80%; downstream enterprises in Wujiang area started to maintain stable, the wrapping yarn market operating level maintained at 70-80%. The overall market in Fujian was stable, with lace at 40% and warp knitting at 60-70%; the enterprises in Guangdong had a slight improvement, and the market of yarn wrapping, warp knitting and circular knitting machines remained at 60-80%.
The international and domestic textile and garment markets continue to pick up as the “double 11″, Christmas, Spring Festival and other festivals are approaching. According to the latest data of the General Administration of customs, in September 2020, the export of textiles and clothing reached 28.37 billion US dollars, an increase of 18.2%, including 13.15 billion US dollars of textile exports, an increase of 35.8%, and clothing exports of 15.22 billion US dollars, an increase of 6.2%. In addition, this year’s cold winter is expected to be good for winter clothing sales, with more cold proof fabrics and factory orders remaining near the early November. For example, in the traditional market of China Light and Textile City, the varieties of new fashion fabrics and leisure top fabrics in autumn and winter increased, and the transaction volume of many varieties increased.
Business agency analysts believe that spandex manufacturers still maintain tight goods, high prices, at the same time, the current cost of good support does not reduce, the end customer demand follow-up is OK. In November, the domestic demand market will enter the traditional off-season, and the epidemic situation in foreign countries is still severe. Some countries and regions in Europe and the United States once again take restrictive measures. There is still great uncertainty in the demand recovery. Textile enterprises also have concerns. They adopt the business strategy of more market-oriented atmosphere and single production for raw material procurement. Overall, the spandex market in November was more volatile and adjusted, which was expected to narrow the increase compared with October.
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