Domestic Spandex Market Presents Stable Price Pattern

In the domestic spandex market, with the stable supply pattern taken by the supply side for quite a long time, the bottom line was successfully established. The agreement with some recent spandex factory shipments was transferred to the March settlement method. The normal transportation time also entered the countdown status, stimulating many to maintain production from the end of January to the beginning of February or having stopped production but after the holiday, the speeding weaving mills and distributors will all begin to implement appropriate operations to increase warehouses. Trading slightly climbed the operating channel. During the period, although there are still a few brands that have conditionally targeted small gains, but the total volume of corporate shipments has risen slightly, and there is still expectation for pre-holiday distributors to be the main habitual replenishment, many brands have been tentatively pulled. The willingness to go up has begun to brewing, and some individuals have even spread the post-holiday soaring information to stimulate buyer replenishment.

However, several major mainstream textile markets in China have gradually increased the number of Chinese and foreign workers returning from their hometowns. The proportion of weaving industries started to decline has continued to decline, and the total consumption of spandex has continued to shrink, adding to the growing trend of end-user purchases and negotiations. Reductions and stagnation, especially for most conventional distributors, have not been carried out in batches and warehouses. Many spandex factories are still skeptical about the actual operation of the post-holiday market, and most of the spandex manufacturers’ sales attitudes have been suppressed in maintaining stability. In the wait-and-see attitude, the basic market movements in the venue continued to show flatness and consolidation. Among them, the 40D-dominated delivery range is firm at 42,000-46,000 yuan/ton, and the 20D sales range spread is weak at RMB 50000-62000 yuan/ton.