All Sides Are Cautious And Wait-And-See Mentality, Spandex Prices Continue To Be Weak.

At the end of the National Day holiday, according to the price monitoring of the business community, the price of domestic spandex market changed little, and the market was stable. As of October 9th, the market price of 40D specifications remained stable at 31760 yuan / ton, down 12.18% from the same period last year. At present, the mainstream negotiation of 20D spandex in Jiangsu and Zhejiang area is 36000-38000 yuan / ton; the 30D spandex mainstream talks refer to 35000-36000 yuan / ton; the 40D spandex mainstream negotiation reference is 29000-31000 yuan / ton, and the price fluctuation range is 500-1000 yuan / ton. Manufacturers supply stable, cost support is limited, downstream market actual orders are not high mood, all parties to maintain just need to get goods.

Raw material market, recent domestic spandex field PTMEG market weak finishing, the factory continues to negotiate shipment, the 1800 molecular weight supply main source quoted price is 15000-15500 yuan / ton, the real negotiable price is in 14300-15000 yuan / ton. The pure MDI market is weak, and the trading atmosphere is light. The progress is slow. The shipper is on the low side to discuss shipment and offer a 17000-17500 yuan / ton telegraphic transfer barreled.

From the demand side, the factory procurement is still cautious after the holiday, and the actual order is not high. The construction of the Zhangjiagang market has been stable, and the start-up level of the cotton bag market has been maintained at 6-7. In the Fujian area, orders have been followed up generally, the market level of the lace market has been maintained at 3-4, and the warp knitting market has started at 6-7; the Guangdong area has started construction, and the level of the circular machine has been maintained at 3-4, and the warp knitting starts at 6-7.

Business analysts believe that the current spandex manufacturers are actively shipping, but the market is dull, the cost side and downstream terminal market support is insufficient, spandex prices remain weak stability. On the whole, the parties are cautious about wait-and-see mentality. In the absence of major positive news, the price of spandex will continue to be weak.