February 6th News — Huafon Chemical recently announced plans to invest in the construction of an annual 200,000-ton high-performance, low-carbon, and intelligent spandex new material expansion project in the Ruian Economic Development Zone Chemical Park. The total investment is estimated at 3.6 billion yuan, with funding sourced from bank loans and self-raised capital. Chempricehub Analysis: Spandex, Bull-Bear Score: -1 Huafon Chemical's plan to invest in building an annual 200,000-ton high-performance spandex capacity will significantly increase market supply. Without a corresponding growth in demand, the risk of oversupply rises, potentially putting downward pressure on spot prices and exerting a generally bearish impact on the market. 1,4-Butanediol, Bull-Bear Score: 1 As a key raw material for spandex production, the expansion of spandex capacity will directly boost the demand for 1,4-butanediol. The increased demand may drive up spot prices, exerting a generally bullish impact on the market.