subject: Spandex Market: The Committee Recommended Product Price Increase To 3,000 Yuan / Ton [print this page] Coordination meeting at the weekend have made various products industry price increases 2000-3000 yuan / ton, while prices across the market and gradually pull up notice put in place, getting goods slightly positive than previous upgrade, but do not appreciate the downstream market, the overall market this week mainly to smooth the main. Since most of the 40D polyurethane products manufacturers had some inventory increase, so the overall price is not obvious.
Review Spandex market this week
Monday (April 12), spandex in a stable market price on the overall situation in some areas slightly raised slightly on last weekend (April 9) of the polyurethane industry conference on the basis of the specifications will be priced at the original price Pull up 2000-3000 yuan / ton of notice, the downstream business has not really formally spandex. 20D of the main range is 80000-85000 yuan / ton, 40D central interval in the 57000-60000 yuan / ton. Upstream raw materials, pure MDI device for repair work and maintenance plans later led the market in short supply, coupled with rising demand and support effectively, manufacturers emphasized the shortage of raw materials rising and stock prices is a necessary conditions, MDI manufacturers in Asia 3 month settlement price based on MDI cargo price increase in April 50 U.S. dollars / ton. April 12 OPEC basket oil price pushed up 0.23 U.S. dollars, 82.20 U.S. dollars a barrel, on April 9 to 81.97 U.S. dollars per barrel.
Tuesday (April 13), and prices for flat spandex mainstream, but the atmosphere driven by the spandex market prices, a number of regional transactions and trading volume of the atmosphere have shown upward trend, many enterprises have begun to gradually shipments higher, some weaving factory getting goods increased enthusiasm. Pure MDI polyurethane mainstream market sold for 18000-19000 yuan / ton, the overall trend of stable Northeast Asia region consultation price of pure MDI in 2000-2150 U.S. dollars / ton CFR. The PTMEG polyurethane market, the domestic basic prices remain at 23500-25000 yuan / ton, and even a small number of long contracts are traded in the low 23,000 yuan / tonne and below level. 5 consecutive trading day of crude oil fell in New York WTI fell 29 cents to close at 84.05 U.S. dollars; Brent Stock Exchange fell 0.05 cents to close at 84.72 cents, closing at 84.02 cents a spot.
Wednesday (April 14), spot trading in the field because some dealers have a certain amount of inventory is not fully digested, the supplier price adjustment operations are not uniform, resulting in the total supply was also significantly ease the situation. Pure MDI is still the domestic market stable, although the supply of limited supply due to manufacturers maintenance program, but generally lower procurement, resulting in bulk, direct supply markets for the time being no shortage phenomenon, the bulk of transactions remained at 18000-18300 yuan / ton. 5 consecutive trading days ending oil prices fell as U.S. crude oil inventories unexpectedly declined and economic optimism spurred buying and rose 2%. New York WTI rose 1.79 U.S. dollars to close at 85.84 U.S. dollars.
Thursday (April 15), polyurethane market remains the main market consolidation trend to stability-oriented, transaction environment has improved, brokers, stocking weaving factory intention is low, a small single-traded slightly up, large single still waiting to see. Most manufacturers of some spandex pull up operation of enterprises interested in is not strong, and more to maintain stability of mind to see. Into April, MDI Guapai Jia greatly increased to meet peak season demand. Data, bottled pure MDI, pure MDI in bulk by March of 18,400 yuan / ton, 18,000 yuan / ton up to 19,400 yuan / ton, 1.9 yuan / ton, polymerization MDI also rose in the month 01,000 yuan / ton, from 1.7 yuan / ton up to 18,000 yuan / ton. Strong U.S. dollar oil prices and confusion positive U.S. economic data, economic data overshadowed the impact of China and a slight decline. New York WTI fell 33 cents to close at 85.51 U.S. dollars.
Friday (April 16), 20D spandex market prices have risen, and now the price is 84,000 yuan / ton, up 1,000 yuan / ton.
Downstream market, the follow-up orders for different weaving factory performance is variable and some relatively good market in May factory orders have been filled, and orders for some manufacturers still unclear, the current operating situation of most enterprises is still relatively stable. Northeast Bottled domestic supply of pure MDI market price of the mainstream discussion 17500-17900 yuan / ton, bulk water prices in 16600-16800 yuan / ton, near the downstream manufacturers purchase intentions is rising, the real deal mostly low-end price. Link to park during the Spring Festival production of 25,000 tons of high-Year Poly THF ether (PTMEG) plant, was on April 10 after the end of the repair work and re-feeding began, but as of yet have a product off the assembly line. New York Mercantile Exchange, crude oil prices in the United States reached the deal 85 dollars per barrel, slightly higher than OPEC's largest oil producer after Saudi Arabia, said 70 to 80 U.S. dollars per barrel on both consumers and producers a fair price range.
