Spandex Supply Is Tight, Prices Are Rising.

< p > it is understood that in the industry meeting held last month, more than 20 spandex production enterprises including domestic listed companies have reached a consensus to increase the selling price of mainstream varieties 40D < a href= "//www.sjfzxm.com/news/index_c.asp" > spandex < /a >, raising the price range is 2000 yuan ~3000 yuan / ton.

A large spandex production company in Zhejiang said at the time: "whether the price increase can be turned into reality and depends on the views of various enterprises on the market trend in the later stage."

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In the past two weeks, the consensus of P has become a reality.

It is understood that after the end of the last industry conference, the mainstream spandex production enterprises in China will increase the price of 40D by 2000 yuan / ton, and the price of the variety will rise to 50 thousand yuan / ton.

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< p > in the face of the favorable price increase, the domestic "a href=" //www.sjfzxm.com/news/ "spandex enterprise < /a > increased the operating rate.

"The industry has reached full load production. In the short term, the supply of spandex industry will not increase after entering the 8~11 peak season."

A domestic listed company secretaries general said that the current spandex industry's overall operating rate remained above 90%, if the elimination of some long-term closure of small and medium capacity, the industry is basically at full load production.

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< p > under the influence of price increase, dealers, downstream a target= "_blank" href= "//www.sjfzxm.com/" > textile < /a > enterprise inquiry purchase enthusiasm has been promoted, and on the basis of on demand procurement, small inventory has been maintained.

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< p > in the off-season, enterprises still dare to raise prices, and downstream manufacturers have also accepted the price floating measures. We can see that the supply and demand of spandex has changed and the situation is tight.

In this regard, Liang Bin, a researcher at CITIC Securities chemical fiber industry, believes that the price is strong in the off-season, and the industry is picking up.

According to market analysis, at present, the level of spandex inventory is very low. It is expected that the traditional peak season will come in August, and the supply and demand situation is even more intense.

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< p > after the industry pain last year, the a href= "//www.sjfzxm.com/news/" > spandex industry < /a > usher in a comprehensive recovery.

In the first half of the year, fine denier spandex was sold out of stock, and the price per ton rose by about 10 thousand yuan. In the second half of the year, the mainstream 40D spandex also began to raise its price with the pace of fine denier.

The profitability of spandex listed companies has improved significantly this year.

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< p > in addition to supply and demand reversing and short supply, the profitability of spandex listed companies has also been supported by upstream raw materials.

The main raw materials of spandex are PTMEG and MDI.

The consumption of the above two raw materials corresponding to the production of 1 tons of spandex is 0.78 tons and 0.18 tons, accounting for more than 60% of the cost.

"The decline in the price of PTMEG has contributed to the thickening of profits."

According to the staff of a Zhejiang spandex production company, compared with last year's high point, the price of PTMEG has dropped by 4000 yuan / ton.

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< p > industry data show that by 2013, PTMEG will usher in the outbreak of capacity launch, and a large number of new PTMEG expansion projects will be put into operation, such as the British power 000635 (000950 shares) and the Jianfeng Chemical Industry.

If all of the above construction capacity is put into operation, PTMEG production capacity will increase by 1 times, and PTMEG profit will decline systematically.

In addition, the price of MDI, another raw material of spandex, is stable, which will also benefit spandex production.

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