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Moderate demand in China's domestic ASF market
Sep '12
There was moderate demand in China’s domestic market for acrylic staple fibre (ASF) on September 13, and delivery of medium and long-staple ASF was flat.
In East China, the market price of ASF 1.5D was quoted in the range of 17,400-18,000 Yuan/ton, but some offers were quoted lower at 16,800 Yuan/ton.
The offer prices of ASF are strongly supported by manufacturing costs, and there is still room for increase in prices. However, the demand side lacks bullish momentum.

Fibre2fashion News Desk - China

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