Spandex plants are still expected to run at high capacity in short run as the profit is good

Spandex plants are still expected to run at high capacity in short run as the profit is good. The inventory burden heightens but remains acceptable. In addition, the Asian Games will be held in Hangzhou, Zhejiang in Sep. Some factories nearby may suspend production as a result. Therefore, some factories intend to hoard up some stocks to retain customers. If demand remains muted affected by the pandemic, stocks of spandex are estimated to continue mounting and spandex price may head south. Production curtailment will appear if the price falls to be lower than the break-even line