According to the price monitoring of SunSirs, the domestic spandex market was temporarily stable on January 27, with the average market price of 40D specifications at 59,000 yuan/ton, a year-on-year increase of 27.43%. Trading in the spandex market was thin, with industry starts remaining at 7.8%. Inventory supply was sufficient, the holiday atmosphere was strong, and the overall market atmosphere was light.
Recently, the overall operating load of PTMEG production enterprises has declined. The market quotation of 1800 molecular weight is 45,000-46,000 yuan/ton, and the negotiation and evaluation is at 44,500-45,500 yuan/ton. The pure MDI industry has started operations at 4.6%, with a strong holiday atmosphere and reluctant sales. The market negotiation is around 21,500 yuan/ton for wire transfer barrels and self-pickup.
As the Spring Festival is approaching, textile companies have been suspending work and taking holidays. Purchase and sales activities have slowed down significantly. Actual transactions have been sparse. Most factories have shut down. The comprehensive operating rate of looms in Jiangsu and Zhejiang has dropped to around 13%.
The short-term spandex market is weakly stable, and the atmosphere of terminal textiles before the Spring Festival is still light. Further attention will be paid to the resumption of work after the holiday.
</p
