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 20th Jul 2017

Provide safety net for cotton growers: Congress to Trump

A bipartisan Congressional coalition has called attention of...

Textiles | On 20th Jul 2017

Ethiopia seeks Indian investment in textile industry

Ethiopia, one of the fastest growing countries of Africa, is seeking...

Textiles | On 20th Jul 2017

Afghan govt calls for plans to revive textile industry

The Government of Afghanistan has asked industrialists to present...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Paolo Ocleppo
Sandvik Hyperion

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X