spandex market witnessed high prosperity in 2021

As for the cash flow, spandex market witnessed high prosperity in 2021, with the cash flow of 40D averaged above 17,000yuan/mt, with a ten-fold increase over the same period last year. However, the cash flow greatly shrank after spandex price quickly decreased, which has been near the break-even line. Comprehensively taking the cash flow of 30D and below and differential spandex into account, the cash flow of spandex industry still outperformed than NFY and PFY market