since the spring festival, the spandex market has maintained a nward trend. as of february 22, the average spandex market price was 55,000 rmb/ton, n 6.78% from the price on february 7, and the same as last year’s price. the supply of goods is stable, and 7.9% of the spandex industry has started.

　　analysis review

　　the upstream raw material market has been stabilized. the domestic market price of ptmeg (1,800 molecular weight) was 42,000-43,000 rmb/ton, and the negotiation evaluation was 40,500-42,000 rmb/ton. the spot in the pure mdi market was tight, and traders were reluctant to sell, and the reference price was around 23,500 rmb/ton.

　　the nstream terminal field followed up cautiously and continued to purchase on demand. the knitting factories in xiaoshan and shaoxing, zhejiang, have a slow pace of resumption of work as a whole. most small and medium-sized circular knitting machines have an operating rate of 30-40%, and some companies have a operating rate of around 60%.

　　market outlook

　　sunsirs’analysts believe that the current spandex market is flat and weak. the raw material pure mdi market has been sorted out at a high level, the cost support has remained stable, the nstream domestic sales market has recovered slowly, and the wait-and-see mood is strong. it is expected that the spandex market will remain weak in the short term.