Spandex market in July with the basic stability of the main downstream business conditions are not ideal, the off-season can not be ascribed to the power of the spandex market continued. However, spandex market after entering the fall, some of the heavy and casual sportswear fabric sales will be better, the elastic fibers will be widely used in the downstream business. Xiao Bian today gave an analysis of the off-season under the spandex market price reasons.

       Summed up the first half of chemical fiber market, and the market weakness in polyester, nylon, rayon and other fibers of different varieties, spandex in the first quarter after a slightly higher market prices in the second quarter once again focus on the shift. As of June 30, 20d spandex price range at 58,000 yuan / ton to 60,000 yuan / ton, 30d spandex price range at 50,000 yuan / ton to 55,000 yuan / ton, 40d spandex price range at 47,000 yuan / ton to 54,000 yuan / ton, compared with the end of the first quarter of the market price level to rise 1.72% - 9.54% range.
Moreover, compared with the same period last year domestic spandex market price, rose also very obvious. Last year, 20d traded steady at 58,000 yuan price / ton to 60,000 yuan / ton, 30d sales price range 46,000 yuan / ton to 51,000 yuan / ton, 40d sales price range stable at 40,000 yuan / ton to 45,000 yuan / ton. In some species, this year the price of spandex fibers than last year rose an average of about 5,000 yuan / ton.
Spandex industry in the traditional peak season from March to May and September to November each year. And in July of this year the market is not short off-season, which has many factors.
Off-season prices, what are the causes?
Bdo have excess supply of raw materials trends, market trends leading to growth in demand, the industry is running well and other factors played a leading role.
There is an oversupply of raw material trend bdo
A few years ago is still very tight fine chemical products 1,4-butanediol (bdo), and now the rapid expansion of the scale of investment driven by high profits era is fading. As the downstream demand of pbt, polytetrahydrofuran, poly (butylene terephthalate), γ- butyrolactone and urethane resins increasing number of domestic enterprises bdo expansion plans, new projects have sprung up, bdo capacity rapid growth.
According to incomplete statistics, in 2012 to 2015, new construction, continued construction and proposed bdo projects are many, these projects come on stream fully, bdo our production capacity reached a record peak. In these projects under construction, 2012 to 2013, five or six sets of equipment production. In addition, the next three years and at least 5 to 6 manufacturers of more than 100 million tons of bdo projects are being planned.
Insiders pointed out that China faces overcapacity bdo pattern, high-profit era will soon be over. Especially now under construction bdo means increasing scale. It is understood that the original single set of devices is generally an annual 25,000 tons or 30,000 tons, and now most of the plant capacity doubled, to about 60,000 tons, and can even reach 100,000 tons - 200,000 tons of production scale.
By 2015, China's total demand for bdo will reach about 80 million tons, while production capacity will be more than 2 million tons, our country will become a net importer of past major net exporter countries. The next few years, China's demand for bdo will continue to grow steadily. Where thf / ptmeg consumption is still the focus. At present, China spandex industry has matured, demand growth will gradually ptmeg in steady growth in demand for thf will also slow down. Therefore, thf bdo demand will remain relatively stable growth.
Market trends lead to increased demand
Spandex production in China, the consumption in the world, with the United States as the representative of North America is a major source of demand for spandex. With the rapid development of downstream textile industry, China's spandex industry has gone through a period of rapid growth of production capacity from 207,000 tons in 2005, rising to 520,000 tons by the end of 2012, the average annual compound growth rate of 14%. Industry experts said that with the transformation of China's garment consumption concept, the domestic spandex market is growing rapidly.
Spandex experienced a "noble fiber" to change "civilian fiber" status, the current is gradually expanding its applications. In the DuPont "Lycra" brand promotion, spandex fiber has become an essential element of underwear, gym wear, swimwear and other products. According to industry experts, in the above-mentioned processing fabrics, spandex content is usually between 18% to 20%.
The industry statistical data show that the proportion of spandex fibers currently used for underwear and pantyhose class close to 30% to 40%, the projected proportion for women's underwear between about 10% to 15%.
Today, many countries and regions have 70% to 80% of the underwear is elastic fabric, the lower the proportion of non-elastic fabric, "no ammonia is not cloth," is becoming a reality.
Currently clothing trend shows that the elastic farmers were not only welcomed ladies, more men's underwear has become more personal. In addition, ordinary knitted fabrics (especially underwear) was added spandex, not only can increase flexibility, it can also reduce the deformation of clothing, to improve the appearance and feel of the fabric. Underwear has the fine development of polyurethane, such as the choice of the following spandex 20d, a shape (seamless) added spandex underwear can make underwear more comfortable.
Popular lace also increased the amount of spandex. Typically, this type of fabric will choose 70d ~ 210d elastic spandex fabric for improving basic raw material.
Specifically, the current spandex is mainly used for the following aspects: the nylon, cotton, polyester-based, together with spandex Spring and Autumn; with spandex summer and sportswear. More than 70% of the underwear will be used spandex.
Industry running well
From the supply perspective, spandex market has continued with a relatively tight state, first, because this year, the export volume of spandex has remained at a high level, average monthly export volume of 4,000 tons. 1 to 4 months of pure export 17,200 tons of spandex, the export unit price $ 7,050.41 / ton; spandex covered yarn export 00,500 tons, the export price $ 5,737.92 / ton. China's spandex fiber pure spandex and spandex covered yarn import and export in good condition.
Second, because the spandex manufacturers adjust according to the actual demand, the overall inventory to maintain a reasonable range, Yahuo phenomenon in previous years no longer exist, and 40d spandex supply slightly tight. With the improvement of the supply and demand pattern, Spandex will usher in a recovery period of about two years. Some experts pointed out that demand, domestic demand growth to pick up and recovery in external demand for the rapid growth in demand for spandex provides short-term support.
Domestic demand, with domestic downstream garment industry inventory levels improved and foreign economic situation improves, the textile industry demand gradually pick up signs of recovery in demand driven spandex.
External aspects of demand, due to the spandex end demand, mainly in North America, after the first recovery in the US market, followed by Japan, or pull will bring more than expected demand for spandex.
From the supply point of view, on the one hand, the trend of fine products makes the industry production of structural stock reduction can occur; on the other hand, spandex industry capacity put peaking next two years, only about 30,000 tons of production capacity, production capacity only 5% increments. Improve the supply and demand pattern, so that the spandex industry back on growth path.
Other fibers may also enter the business cycle?
Each fiber raw material used is not the same, different production cycles, market trends are quite different.