3 On March 29th, during the 2023 Yarn Expo in Shanghai, Lianyungang Duzhong Xinaoshen Spandex Co., Ltd. launched two differentiated spandex products at the new product launch conference hosted by itself. Stinky spandex. According to the manufacturer’s introduction, the elasticity of temperature-sensing shape memory spandex can change with temperature to achieve the characteristics of easy wearing below the conversion temperature and high rebound when it reaches or exceeds the conversion temperature; while deodorant spandex can maintain the characteristics of washing resistance On the basis, the function of neutralizing and decomposing odor molecules is added.
In the total output of synthetic fibers in my country, spandex only accounts for 1%-2% , it is usually used in the manufacture of some elastic woven fabrics, especially sportswear and casual wear. With the increase in mass consumption, everyone’s requirements for fabrics are gradually increasing. At present, the spandex industry is quite mature. In recent years, the consumption growth rate of the domestic spandex industry has exceeded 10%, especially the demand for differentiated and high-end spandex has increased significantly. As the main downstream of PTMEG, spandex accounts for about 90% of the demand for PTMEG. In recent years, the growth of the spandex industry has also driven the steady development of the PTMEG industry.
Recent market:Since the beginning of March, the overall domestic spandex market has been showing continuous mild weakness. The recovery of demand after the epidemic in 2023 is not as good as expected, and the national consumption sentiment in the textile industry is not high. The duration of the peak season of spandex is slightly shorter than in previous years, and the price fell slightly within the month. At the end of the month, the orders of spandex manufacturers gradually decreased, and few orders came to the factory in summer. Although the operating rate can still be maintained at around 80%, but due to the limitation that spandex cannot be stored for a long time, the confidence of spandex manufacturers has declined, and the enthusiasm for purchasing upstream PTMEG has been difficult to maintain. . Under such weakness, it is difficult for PTMEG manufacturers to continue to support the market, and the price has loosened and declined.
market outlook:Limited by the international political situation and economic situation, some countries in the Middle East and South Asia have difficulties in approving letters of credit, the wave of strikes in many European countries affects the operation of ports, and the pattern of weak overseas demand It may be difficult to change in a short time. The recovery of domestic demand is visible to the naked eye, but the recovery speed of the national economy is still unable to drive the rapid recovery of the textile industry, and the downstream of the PTMEG-spandex industry chain is also dominated by rigid replenishment, and it is difficult to change the weakness in the short term. However, in the long run, the textile industry is still one of the pillar industries of the national economy. With the growth of the national economy, the demand for the textile industry and its upstream spandex industry will continue to grow. At the same time, the emergence of differentiated spandex will drive spandex The application field of spandex has expanded from simple knitwear to various aspects such as medical bandages, health care products, car interiors, artificial organ materials, etc., thus opening up a wider demand space; under the industry layout of multi-point blooming, the spandex industry still has great potential The growth space drives the benign expectation of PTMEG demand.