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Chinese ASF trends stay stable this week
04
Sep '14
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.

Fibre2fashion News Desk - India

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