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Spandex Price is to Kick the Bottom

2011-8-1
 
See from spandex device operation status, spandex has stepped into loss situation, manufacturer production enthusiasm obviously curbed, device load and stock is reduced. According to report, a spandex plant in Zhejiang Province, for the low market demand, its loss situation is aggravated, and with its increased stock, some spinning device slowed down production, and the left device is to stop production for checking and repairing work on 25th. A foreign capital spandex enterprise in Zhejiang province began to alternately stop production to check and repair the device. The original load transfer plan still exists, but the detailed period is on policy requirements. Another spandex plant, whose yearly output is 3500ton, stop feedstock procurement for the mounted up stock and depressed aftermarket expectation, the plant plans to stop production to check and repair the device, which will last a month. A medium sized spandex enterprise in Zhejiang province, for the government load shedding program and weak production and consumption rate, it plans to stops a 8000 ton production capacity device, and time to recover production is depend on the market trend. To sum up, enterprises device load has decreased to 69.9%, which is 1.4% down, in compare with that of the previous week, and stock amount has reduced to 46.8 days situation, which dropped 3.7%, comparing with the previous week.

See from upstream market, BDO price in China market continue to go up, according to source, aftermarket price is expected to rise up. Now manufacturers quotation is around 22000-23000CNY/t, actual negotiate price is between 22000-22500CNY/t, small order price is relatively high around 22700CNY/t. The quotation has been increased by 500CNY/t previously. With BDO device stop to check and repair, product supply is in short, in addition with a good expectation of the aftermarket, suppliers are reluctant to sell out the goods. Therefore, BDO aftermarket still has the room to rise up.
 
Source:168Tex.com
 
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