Fact Wty

Spandex: 20D price will remain stable 40D prices may loose

Coordination meeting last weekend made all kinds of products the industry price increases 2000-3000 yuan / ton, while prices across the market and gradually pull up notice put in place, getting goods early enthusiasm than a slight upgrade, but do not appreciate the downstream market, the overall market this week mainly to smooth the main. Since most of the 40D polyurethane products manufacturers had some inventory increases, prices in general are not so obvious. This article comes from the textile resources, direct users please enter in the browser view of textile resources.

Prices of raw materials this week and review Spandex

Monday (April 12), spandex in a stable market price on the overall situation in some areas slightly raised slightly on last weekend (April 9) of the polyurethane industry conference on the basis of the specifications will be priced at the original price Pull up 2000-3000 yuan / ton of notice, the downstream business has not really formally spandex. 20D of the main range is 80000-85000 yuan / ton, 40D central interval in the 57000-60000 yuan / ton. Upstream raw materials, pure MDI device for repair work and maintenance plans later led the market in short supply, coupled with rising demand and support effectively, manufacturers emphasized the shortage of raw materials rising and the stock price increase is necessary under the situation, MDI manufacturers in Asia 3 settlement price on the basis of MDI on April 50 cargo price increase U.S. dollars / ton. April 12 OPEC basket oil price pushed up 0.23 U.S. dollars, 82.20 U.S. dollars a barrel, on April 9 for the 81.97 U.S. dollars a barrel.

Tuesday (April 13), and prices for flat spandex mainstream, but the atmosphere driven by the spandex market prices, a number of regional transactions and trading volume of the atmosphere have shown upward trend, many enterprises have begun to gradually shipments higher, some weaving factory getting goods increased enthusiasm. Pure MDI polyurethane mainstream market sold for 18000-19000 yuan / ton, the overall trend of stable Northeast Asia region consultation price of pure MDI in 2000-2150 U.S. dollars / ton CFR. The PTMEG polyurethane market, the domestic basic prices remain at 23500-25000 yuan / ton, and even a small number of long contracts are traded in the low 23,000 yuan / tonne and below level. 5 consecutive trading day of crude oil fell in New York WTI fell 29 cents to close at 84.05 U.S. dollars; Brent Stock Exchange fell 0.05 cents to close at 84.72 cents, closing at 84.02 cents a spot.

Wednesday (April 14), spot trading in the field because some dealers have a certain amount of inventory is not fully digested, the supplier price adjustment operations are not uniform, resulting in the total supply was also significantly ease the situation. Pure MDI is still the domestic market stable, although the supply of limited supply due to manufacturers maintenance program but downstream procurement generally resulted in bulk, direct supply market for the time being no shortage phenomenon, bulk transactions remained at 18000-18300 yuan / ton. 5 consecutive trading days ending oil prices fell as U.S. crude oil inventories unexpectedly declined and economic optimism spurred buying and rose 2%. New York WTI rose 1.79 U.S. dollars to close at 85.84 U.S. dollars.

Thursday (April 15), polyurethane market remains the main market consolidation trend to stability-oriented, transaction environment has improved, brokers, stocking weaving factory intention is low, a small single-traded slightly up, large single still waiting to see. Most manufacturers of some spandex businesses not keen interest in drawing up action, look more to maintain stability of mind. Into April, MDI Guapai Jia greatly increased to meet peak season demand. Data, bottled pure MDI, pure MDI in bulk by March of 18,400 yuan / ton, 18,000 yuan / ton up to 19,400 yuan / ton, 1.9 yuan / ton, polymerization MDI in a month also rose 01,000 yuan / ton, from 1.7 yuan / ton up to 18,000 yuan / ton. Strong U.S. dollar oil prices and confusion positive U.S. economic data, economic data overshadowed the impact of China and a slight decline. New York WTI fell 33 cents to close at 85.51 U.S. dollars.

Friday (April 16), 20D spandex market prices have risen, and now the price is 84,000 yuan / ton, up 1,000 yuan / ton. Downstream textile manufacturers in different market performance of the follow-up orders are different, some relatively good market manufacturers in May orders have been filled, and orders for some manufacturers still unclear, the current operating situation of most enterprises is still relatively stable. Northeast Bottled domestic supply of pure MDI market price of the mainstream discussion 17500-17900 yuan / ton, bulk water prices in 16600-16800 yuan / ton, near the downstream manufacturers purchase intentions is rising, the real deal mostly low-end price. Link to park during the Spring Festival production of 25,000 tons of high-Year Poly THF ether (PTMEG) plant, was on April 10 after the end of the repair work and re-feeding began, but as of yet have a product off the assembly line. New York Mercantile Exchange, crude oil prices in U.S. trading reached 85 dollars per barrel, slightly higher than OPEC's largest oil producer after Saudi Arabia, said 70 to 80 U.S. dollars per barrel on both consumers and producers a fair price range.

Scanning around the market

Zhangjiagang Market: Zhangjiagang German plot area this week on the market availability of supply than normal for the 40D spandex, 20D slightly nervous. 20D transaction price of 78,000 yuan this week centers / t, general manufacturers market low-cost 73,000 yuan higher than / t, the higher the mainstream brand manufacturers sold 80,000 yuan / ton. 30D transaction price of 65,000 yuan this week centers / ton, general manufacturers sold 60,000 yuan / ton, more mainstream brands sold 70,000 yuan / ton, the center transaction price stability. Package yarn with 40D dealer centers sold in the 58,000 yuan / ton. Lower as the market price of 56,000 yuan / ton, higher transaction price of 62,000 yuan / ton. 40D polyurethane products manufacturers now have some stock to increase, so obviously the price rise phenomenon will not occur also for the time being.

Fujian market: Basic transaction price was flat for most manufacturers and dealers to ensure stability of the sales operation will remain stable based correction to the trend, this week, the basic transaction 20D range 80000-85000 yuan / ton, 40D centers in the 57000-60000 range yuan / ton. Downstream textile industries rely on a relatively sufficient amount of orders for terminal support, round the whole field of machine operation rate rose to 7 percent or so; Jinjiang warp in the total domestic demand is relatively stable, driven by foreign trade share of the overall operation rate steady at 8 percent high up and down.

Hsiao Shao, Ningbo Market: 20D of the main trading range this week, 82000-86000 yuan / ton, 40D Sales intention stability in 57000-59000 yuan / ton, while the trading volume was established as the industry up atmosphere, and some weaving factory, distribution business applications such as near the end of the previous inventory and so on, showing some signs of increments. Xiao Shao region downstream industry as a whole load of circular machines and then maintained at about 8 percent; Ningbo spandex processing market, round the whole machine has rebounded to 7-8 start into a state.

Jiaxing, Haining market: Basic 20D spandex market transactions in the 82000-85000 range yuan / ton, 40D Sales range is 57000-59000 yuan / ton, higher at 60,000 yuan / ton or higher. Downstream processing industry, the whole staff in place with the improvement of the situation, and the total end market demand remain stable and so on, round the whole machine starts had climbed to about 7 percent, including yarn industrial product price due to the unity of the successful pull up, load the boot upgrade to 7-8 percent, warp their overall availability to remain stable at around 8 percent.

Yiwu, Zhuji Datang Textile Raw Material Market: Yiwu Market Products spandex 40D slight pull up the phenomenon, or at 300-700 yuan / ton range, which Yantai Spandex spandex and the Olympians are up 300 yuan, quotes are 58 300 yuan / ton, Shuangliang, Huafeng Spandex spandex and China Sea were up 700 yuan, 500 yuan and 400 yuan, currently quoted at 58,700 yuan / ton, 58,800 yuan / ton and 58,300 yuan / ton. Zhuji Datang China Sea and the open market, the 20D spandex Putnam previous week rose 300 yuan / ton, respectively, reached 74,500 yuan / ton and 74,600 yuan / ton.

Overall market analysis

According to data, March month, clothing, footwear, bags and exports were down by 19.8%, 6.5%, 16.6%. These products amounted to 1.936 billion declined year on year, equivalent to 2.3% in March about the trade deficit. Clothing exports fell sharply in March, may be due to the last round of meeting the demand has been basically completed inventory. In fact, in October 2009, China's monthly trade surplus has been substantially reduced, in February this year, the size of this surplus has dropped to 7.61 billion. Therefore, we determine the future of the export recovery should not be too optimistic, end demand has not really improved. As the polyurethane product prices, rising raw material prices to follow. Spandex because the downstream processing industry in the whole, has long been an ingredient is the role of changes in prices will not put pressure on their cost, impact, therefore the price of pre-established within the industry up to implement the principle of operation is not a problem ; but this year China's textile processing industry has continued as the main raw material prices soaring, eating some spandex profitability space, and there are many dealers, processing plants there is still some inventory supply, leading to inconsistencies in the performance of procurement operations , spandex factory price hike also some differences emerged.

Aftermarket Forecast

Despite the recent rebound in the total procurement market, some manufacturers offer products have been pulled, but not downstream take up to reflect the strong, and the total amount of stock is relatively abundant, it is expected that short-term market outlook spandex manufacturers will offer up after the maintenance of high 20D spandex prices remain stable, while the 40D price phenomenon may be loose, but the main transaction market will continue to present to stability-oriented consolidation trend. From the current overall market supply and demand side, in June will be an important time window, with the spandex factory output in the second half in place, spandex sales pressure will be immense.
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