Home / Knowledge / News / Textiles / Chinese Spandex market stays stable amid lackluster demand
Chinese Spandex market stays stable amid lackluster demand
19
Jun '14
This week, the Chinese domestic Spandex market has remained stable, when compared with the first fortnight of June and also lackluster due to moderate demand from the downstream buyers.   
 
Spandex prices in the Chinese domestic market were witnessed at RMB 61000-64000/ton for 20D, while 30D and 40D were assessed at RMB 55000-57000/ton and RMB 48000-52000/ton, respectively. Traders are under pressure and have stayed on the sidelines during the current week.
 
Meanwhile, in the Chinese USD market,  selling offers for coarser count like 20D have also stayed stable during the current week and were quoted in the range of US$ 8.40/Kg to US$ 9.20/Kg, while deals were mainly concluded in the range of US$ 8.35/Kg to US$ 9.15/Kg.  
 
At the same time, selling offers for 30D were assessed in the range of US$ 7.40/Kg to US$ 7.90/Kg, but the deals concluded in the range of US$ 7.35/Kg to US$ 7.85/Kg.
 
Selling offers for 40D Spandex in the USD market were witnessed in the range of US$ 7.00/Kg to US$ 7.80/Kg but discussions were mainly in the range of US$ 6.95/Kg to US$ 7.75/Kg.
 
Looking at current market fundamentals, it is expected that Spandex prices will remain range bound in the short term future. 
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search