SunSirs: Downstream just Needs to Follow up, Price of Spandex in the Chinese Market is Temporarily Stable

　　The domestic spandex market remained stable. As of November 5, the average market price was 80,600 yuan/ton, a year-on-year increase of 104.05%. The market is cautious and wait-and-see, the spot supply of factories is basically stable, and the industry starts to increase to 8.5%.The overall mentality of the pure MDI market is not good. Traders are more active in shipping, and the overall confidence is insufficient. The price is steady and downward. The PTMEG market is sorted at a high level, and mainstream factories with 1800 molecular weight sources are bidding around 49,000-51,000 yuan/ton, and actual order negotiation refers to 48,000-50,000 yuan/ton. Industry start-up was slightly increased to 7.9%.With the relaxation of the policy of dual energy consumption control in Jiangsu and Zhejiang, about 50% of the circular knitting industry and 60% of the warp knitting industry started in Jiangsu and Zhejiang. However, there are not many new orders, and the factory mostly maintains the previous order production, and the raw material procurement customers just need to follow up, and the overall market wait-and-see atmosphere is not diminished.With the gradual delivery of “Double Eleven”, “Double 12” shopping festivals and Christmas orders, the terminal textile sales market will also enter the traditional off-season, and the demand side will still face greater pressure. In addition, the raw material market is reorganized and operating, and cost support pressure still exists. It is expected that the short-term spandex price will show a weak adjustment.