Spandex Market Will Continue To Run Steadily

Last week, the spandex market was stable, the upstream raw material market was consolidated, the cost side support performance was average, the spot supply was tight, the downstream market demand was followed up cautiously, and all parties held a cautious wait-and-see attitude towards the future market. As of August 13, the price of spandex was 83200 yuan / ton, 3400 yuan / ton higher than last week, and nearly 21.64% in the past three months.

In terms of raw materials, recently, the price of domestic spandex PTMEG market has been running. Crescent factory has a strong intention to stand out, and offers have been raised. Downstream companies follow up on demand, and the price transmission is relatively smooth. North China polymerization MDI market atmosphere is empty, mainstream dealers offer more stable, a single talk, downstream inquiry buying atmosphere is general. In terms of price, the negotiated price of Wanhua goods is about 18800-19000 yuan / ton; The negotiated price of goods in Shanghai is 18400-18500 yuan / ton, and the negotiation of actual order is the main one. Recently, the domestic MDI market has opened a downward channel, and the negotiation atmosphere is poor. After the lack of confidence in the market, mainstream traders quoted prices fell, negotiate shipment, profit Order Shipping phenomenon increased.

Business agency analysts believe that since 2021 / 4 / 18, the 7-day moving average across the 30 day moving average started the upward trend, and the current two moving average continue to go up in the same direction. According to the calculation of 2021 / 8 / 8, the probability of operation situation change in the next 7 days (that is, the 7-day moving average below the 30 day moving average) is only 0.05%（ Note: if the 7-day moving average crosses the 30 day moving average upward, the index enters the upstream channel; If the 7-day moving average crosses the 30 day moving average downward, the index enters the downward channel.) In the near future, the spandex market has been steadily reorganized, the cost side is good, the support performance is general, the on-site supply is tight, the manufacturers mainly supply the old customers, the new order follow-up is cautious, all parties have a strong market observation atmosphere, and it is expected that the spandex market will continue to operate in the short term.