In November, the domestic polyurethane fiber market declined slightly. As of November 24, the average market price was 36700 yuan/ton, down 3.42% from the beginning of the month and 53.89% year on year. At present, about 70% of the polyurethane fiber industry is under construction, and the market supply is sufficient.
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Current mainstream price statistics of polyurethane fiber market (unit: yuan/ton)
20D./ 30D./ 40D
Zhejiang./37000-43000./36000-40000./33000-36000
Shandong./37000-43000./36000-40000./33500-36000
Fujian./37000-47000./36000-40000./33500-39000
Jiangsu./37000-43000./36000-40000./33000-36000
The supporting role of the cost side is weakened, the PTMEG market is weak, and the factory still intends to keep the price. The market price of PTMEG (1800 molecular weight) is 19000-19500 yuan/ton. The overall negotiation atmosphere of the pure MDI market is not good, and the traders’ quotations have been lowered. At present, the market reference is 17500-18000 yuan/ton telegraphic transfer barreled self lifting.
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Downstream end customers are not enthusiastic about picking up goods and follow up conservatively. At present, terminal textile orders are difficult, and many small and medium-sized textile mills have been unable to obtain orders. At the same time, due to the epidemic situation, the logistics is limited, and it is difficult for finished products and raw materials to enter or exit. Many regions have frequent control, which has affected the factory operation to some extent. In addition, in the off-season, it is hard to hide the weakness of the loom operating rate. The loom operating rate in Jiangsu and Zhejiang has decreased to below 56%.
Analysts from the business community believe that the current raw material market is weak, and the support for the cost side of spandex is declining. At the same time, the demand of the downstream terminal market is insufficient to follow up, and the rigid demand procurement is the main demand. It is expected that the price of spandex will still move downward in the short term.
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