Upstream Raw Materials Are Weak And Stable, Downstream Demand Is Slow, Spandex Will Continue Weak Trend.
According to the price monitoring of the business community, the domestic spandex market is temporarily stable this week. As of July 5th, the average price of 40D spandex market was 32500 yuan / ton, which was flat compared with the beginning of the week, down 12.28% from the same period last year. Weak market arrangement, the trading atmosphere is still in the doldrums, manufacturers supply stable, the industry started about 8, started cautiously.
Upstream domestic polymerization MDI market continued to fluctuate, as of July 3rd, the market average price of 12425 yuan / ton, the overall market quotation is not warm. The supply side of the supplier is tightened, and there are not many suppliers, and the price is stable. The market in North China continued to narrow down. Although the supply side of the supplier has tightened up, the demand follow-up has been weak and the environmental check has been suppressed.
The downstream market needs to be followed up cautiously. The manufacturers are shipping and storing the pressure. The whole market just needs to be sold out and the market is weak. At present, the operation level of the circular machine market in Xiaoshao area of Zhejiang has been maintained at 4-5, and the market level of the yarn wrapping market has been maintained at around 6. The lace Market in Fujian has been operating at a level of 4-5, and the warp knitting market has started at 6-7. In Guangdong, the operation level of the circular machine has been maintained at 2-3, and the warp knitting starts at 7-8.
Business analysts believe that the current raw material market remains basically stable and the cost supporting role is weakened. The actual demand in the downstream is still slow. The confidence of the market is insufficient, and the spandex is still weak in the short term.
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