According to the monitoring of the business community, the domestic polyurethane fiber market fell slightly in November. As of November 29, the average market price was 36,700 yuan/ton, down 3.42% from the beginning of the month and 52.71% year on year. At the beginning of November, most manufacturers stuck to their offer, but with the weak focus of the main raw material PTMEG market, the pure MDI fell in shock, and the cost side support weakened. At the same time, the commencement of the spandex industry was temporarily stable at around 70%, and the supply of goods was sufficient. Although the manufacturers were active in shipping, the downstream terminal market was in a lack of trading atmosphere. It was difficult to stick to it from mid to late, and the price fell under pressure.

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./37,000-43,000./36,000-40,000./33,000-36,000

In November, the start of raw material PTMEG industry was lowered to around 65%, but the price was weak, mainly affected by the weak trend of BDO on the cost side. At the end of the month, the market negotiation evaluation of PTMEG (1800 molecular weight) in the domestic spandex field was 19000-19500 yuan/ton, down 3000-3500 yuan/ton from the end of last month. The pure MDI market also declined, the overall demand was weak, traders were more active in shipping, the focus of market mainstream negotiations continued to decline, and the market reference was 17500-18000 yuan/ton telegraphic transfer barreled self lifting.

Domestic textile and clothing sales data continued to decline, and the window of foreign textile industry replenishment stage has been closed. While domestic sales are weak and export sales are poor, the drag on the demand side may be more obvious. After the end of the traditional peak season of “Golden Nine Silver Ten”, the terminal textile enterprises are not willing to take the goods, and the purchase is mainly based on rigid demand. Weaving enterprises have further reduced their load. By the end of November, in Xiaoshao, Zhejiang Province, the starting level of round machine and wrapped yarn was 30% to 50%, in Jiangsu Province, the starting level of round machine and wrapped yarn market was 30% to 50%, and in Guangdong Province, the starting level of round machine, wrapped yarn and warp knitting market was 30% to 60%.

Analysts from the business community believe that the cost side support has weakened, and the downstream mainly focuses on the follow-up of rigid demand, and the overall market performance is weak and weak. At present, the spandex market lacks confidence in the future market, and it is expected that the price of the spandex market will remain downward in December.