Recently, the price of spandex yarn has increased by 1,500 yuan/ton. Due to cost pressure, spandex manufacturers have raised prices one after another. This has exploded. The sudden surge in spandex, which is usually very stable in price, is bound to have an impact on the market.
01
The price of some spandex and elastic gray fabrics has increased
No, the price of spandex has increased on the front leg, and the price of spandex gray fabric has started to rise on the back. In the editor’s circle of friends, some spandex and elastic gray fabrics have increased in price. news.
For polyester products, if the price of raw materials increases by 1,000 yuan/ton, it will be reflected in the gray fabrics, and the market price of gray fabrics will also increase, usually by 0.1-0.2 yuan/meter. Spandex is no exception. The price of raw materials has increased by 1,500 yuan/ton this time. Some weaving manufacturers cannot withstand the cost pressure, and the price of gray fabrics has also increased by 0.1-0.2 yuan/meter.
This wave of price increases for spandex elastic fabrics is not a general increase, there are many more Cloth bosses are staying put, and the prices of gray cloths will also increase based on the variety. At present, the spandex elastic fabrics on the market are mainly four-way elastic. The conventional single-layer four-way elastic has basically not been increased. Most of the increased ones are double-layer four-way elastic. Since the weight of the double-layer four-way elastic is heavier and the spandex raw material used is more, it is the first to be raised.
02
There are loud calls for price reduction and selling of goods in the gray fabric market, but it is difficult to support the price
Although the price of conventional single-layer four-sided elastic has not increased, it is actually the intention of the cloth boss but the inability to do so. The sharp increase in spandex yarn has an impact on the cost price of four-way stretch gray fabrics. But in the current gray fabric market, weaving manufacturers generally have very high inventories of gray fabrics and are eager to destock, resulting in sharp price drops. The calls for price reduction and selling of goods are rising one after another. At this time, the rise in gray fabrics has long been submerged in the wave of low prices. From the end of May to the beginning of June, polyester yarns rose sharply, and some companies raised the prices of gray fabrics. However, as the price of polyester yarns dropped and the market became unavailable, companies that had raised prices of gray fabrics lowered their prices. This year’s price increase for gray fabrics seems so feeble, and I’m afraid it will be difficult for four-sided fabrics to support their prices.
03
The inventory of single-layer four-sided elastic is high, and manufacturers mainly remove inventory at low prices
It is difficult for gray fabric prices to rise, naturally due to excessive inventory in the market and fierce competition among manufacturers. In terms of inventory, since ordinary single-layer four-sided elastic is a conventional product and produced by many manufacturers, it is this conventional variety that is stocked, so the inventory of gray fabrics is very large. This kind of four-sided elastic, such as 75D and 100D specifications, has been sold by companies at low prices for a long time. If a company raises the price of gray fabrics at this time, it will affect its sales and is not conducive to destocking.
04
Double layer four sides The supply of ammunition is tight, and they have the right to say about price increases
As for double-layer, four-sided ammunition, in addition to the cost increase being greater than that of single-layer ammunition, another important reason is that the double-layered four-sided ammunition The inventory of bullets is much smaller than the inventory of single-layer four-sided bullets. Because the usual shipment volume of double-layered four-sided elastic is much smaller than that of single-layered elastic, most manufacturers will not produce too much inventory, and some even have zero inventory. Since the improvement of autumn and winter fabrics at the end of July, the shipment volume of double-layer four-way elastic has been better than that of single-layer. A manufacturer of four-sided elastic said that the shipment of double-layer four-sided elastic fabric has increased, and the machine has no time to produce it, so customers have pushed for orders. It can be seen that double-layer four-sided bullets have a certain say in price increases.
Editor’s Note
Can the weaving manufacturers that have raised the price of double-layer four-sided elastic fabrics in this round be stable? This wave of gains is also what market participants are looking forward to. If this rising trend is stabilized, there will be a chance to drive up the price of gray fabrics in the entire market, which may put an end to the days of selling goods at low prices. But stabilizing the rise depends on the one hand, the price of spandex filament. If there is a correction in the later period, the price of spandex elastic gray fabric will also most likely be corrected; on the other hand, it depends on the sales volume of spandex elastic fabric. If the sales volume declines in the later period, the inventory of weaving manufacturers will also be affected. With the increase, cloth bosses may adjust the price of gray cloth in order to reduce inventory.
At present, the price increase of spandex elastic fabric has not had a great impact on the textile market. The traditional peak season is coming, and the market outlook is still unclear. We need to pay more attention to the trend of raw materials and changes in market order volume.
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