On February 10, the spandex market in Zhejiang remained stable, with the mainstream ex-factory prices for 20D and 40D spandex at 28,500 yuan/ton and 24,500 yuan/ton, respectively. The overall spandex market showed a stagnant consolidation trend, with limited support from the cost side and marginal contraction in demand. PriceSeek's analysis of spandex gives a bearish score of -1. The article indicates that the spandex market is temporarily stable, with ex-factory prices for 20D and 40D at 28,500 yuan/ton and 24,500 yuan/ton, respectively, but the overall market is in a stagnant consolidation phase. Limited cost-side support and marginal contraction in demand suggest that reduced demand and insufficient cost support may exert downward pressure on spot prices. The contraction in demand is the primary bearish factor, but the market remains temporarily stable without significant fluctuations, thus warranting a general bearish score of -1.
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