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Live News | Time:Jan 12 2018 11:20AM
O/R of spandex industry falls slightly this week
 
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Operating rate of spandex industry falls slightly to around 90% this week. Some plants are running at low rate due to natural gas restriction, mainly in Jiangsu and Shandong. Kaipute‘s old unit would stop production partially since Jan 15, and Banglian‘s unit is expected to shut down for maintenance in late-Jan. For new units, Huahai‘s ninth-phase unit is running stably, and Quzhou Hyosung’s second-phase unit is starting up.

Inventory of spandex rises to nearly 40 days, lower around 25-30 days and higher above 40 days. Sales ratio is weak. Sales of fine-denier filament become poor.

($1=CNY 6.51)
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