Upstream And Downstream No Good Support Spandex Prices In The Past Three Years Low

According to the price monitoring of business associations, the domestic spandex market in June showed a slight downward trend. As of June 30th, the average price of spandex 40D specifications was 31500 yuan / ton, down 1.25% from the beginning of the month, down 3.08% from the same period last year. It is also at a low level in the past three years, down 19.44% from June 30, 2017.

　　 Current mainstream price statistics of polyurethane market (unit: yuan / ton)

At present, spandex industry starts more than 8 or so. The cost side support performance is general, the downstream terminal market demand follow-up is light, the overall market outlook the market atmosphere does not reduce. At present, the mainstream negotiation of 20D spandex in Jiangsu and Zhejiang is referred to as 35000-36000 yuan / ton; the 30D spandex mainstream talks refer to 34000-35000 yuan / ton; the 40D spandex mainstream talks refer to 28500-29500 yuan / ton, and the detailed transaction is discussed in detail.

　　 Domestic PTMEG manufacturers production and marketing dynamic summary

Raw materials market, domestic PTMEG market continues to be weak, price, the 1800 molecular weight supply main source quoted price in 14000-15000 yuan / ton, the single negotiated at 13800-14500 yuan / ton, the factory will give up the profit will be limited, according to the negotiated shipment mainly. In terms of installations, the PTMEG industry started to run 5 above the total, and started cautiously. There is no restart plan for Shanxi's three dimensional 50 thousand tons and Henan's capacity to turn 60 thousand tons of equipment. Sinopec the Great Wall energy chemical 92 thousand tons, Xinjiang Meck 50 thousand tons, Xinjiang Lanshan Tun he 46 thousand tons, the load is not high. The volume of exports in May 2020 decreased by 430.91 tons, down 72.31% from the same period last year, and the import volume was 3752.2 tons, down 2.95% compared with the same period last year.

　　 Import and export statistics of PTMEG in May 2020

In addition, the spot market supply in the early June was not very loose in the pure MDI market, with the short delay of individual devices and the delay of device restart, which stimulated the factory's willingness to stay in the market, and the offer remained firm. In the middle of the year, the demand side improved slightly, the trading was light, just needed to make up for the right amount, the factory continued to negotiate shipment, and the center of gravity declined.

　　 Market price changes of pure MDI in June (unit: yuan / ton)

Downstream textile terminal market, the characteristics of the off-season are obvious, just need procurement. Zhejiang Xiaoshao started smoothly and generally, the round machine and the wrapped yarn market started at 4-6, and the Zhuji Yiwu terminal customer orders were generally, and the yarn market started 5-7. Jiangsu Changshu circular machine market started low, the overall start-up level remained at 3-4, the Zhangjiagang wrapped yarn market started in general, the overall start-up level remained at 5-6, the Fujian market started to be cautious, the lace was maintained at 3-4, and the warp knitting was in the area of about 5-6; Guangdong regional orders Gen Jinping light, circular machine, warp knitting market started to maintain at 5-7 percent.

Business analysts believe that since the end of 4 this year, the trend of the spandex market is weak. Currently, the installation of the spandex plant remains high. Although it is actively shipping, it is trapped in the downstream demand, and the terminal customers are not careful enough to take delivery of goods. At the same time, the cost side performance is general, the upstream and downstream are not good support, it is expected that the spandex market in July will remain the main shock.