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Chinese ASF trends stay stable this week
04 Sep '14
1 min read
During this week, Chinese acrylic staple fibre (ASF) prices displayed weak fundamentals and remained stable due to poor demand from downstream buyers in the Chinese domestic market.
In the spot market, ASF 1.5 Denier was offered at RMB 17,800-18,400/ton, whereas ASF 3.0 Denier was quoted at RMB 17,850-18,400/ton.
In the USD market too, ASF prices kept stable during this week. ASF 3.0 Denier was assessed around US$ 2.44-2.48/kg and ASF 1.5 Denier was quoted at US$ 2.49-2.53/kg.
In the spot market, ASF 1.5 Denier was offered at RMB 17,800-18,400/ton, whereas ASF 3.0 Denier was quoted at RMB 17,850-18,400/ton.
In the USD market too, ASF prices kept stable during this week. ASF 3.0 Denier was assessed around US$ 2.44-2.48/kg and ASF 1.5 Denier was quoted at US$ 2.49-2.53/kg.
Fibre2fashion News Desk - India
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Pratik Gadia
The Yarn Bazaar - Filosha Infotech Private Limited
Dr. Sameer Sood
National Institute of Fashion Technology
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