The price competition is supposed to be fierce again if the gap between production and sales expands

The spandex inventory inched up but remained low now (the normal level was 30 days), supportive to price. By Sep 26, spandex inventory rose by around 8.5 days to above 13 days compared with early-Aug. Supply tightness of conventional spandex varieties has eased, while stocks of medium-to-high denier spandex rose rapidly. The order change still should be concerned in Oct. If orders chase up, spandex inventory may accumulate slowly even if fabric mills only purchase spandex on a need-to-basis. That means price of spandex may be late to reduce. The price competition is supposed to be fierce again if the gap between production and sales expands.