Home / Knowledge / News / Textiles / July settlement prices of ASF drop sharply
July settlement prices of ASF drop sharply
03
Aug '10
In the last seven days, settlement price of mainstream acrylic staple fiber plants in the Chinese domestic market dropped sharply at the end of July. The market showed sign of adjusting status and transaction atmosphere was light.

Most downstream manufacturers of acrylic yarn are adopting a wait and watch stance and are not in a hurry to transact new deals, as acrylic market is still under correction mode, with sales still to take off.

Mainstream price of 1.5D cotton staple fiber is 21,000-21,500 Yuan / ton, mainstream price of 3D acrylic fiber tow is 21,150-21,600 Yuan / ton and formal top price is around 21,800-22,500 Yuan / ton.

At present, 3D bright fiber tow from Tong-Hwa Synthetic Fiber Company is quoting at US $2750 / ton, 3D fiber tow from Thai Acrylic Fiber is quoted at $2,780 / ton and Indian tops are assessed at 22,300 Yuan / ton and 1.5D bright fiber tow from Thai Acrylic Fiber is $2,780 / ton.

Thai Acrylic Fiber is offering anti-pilling tow at $2980 / ton and Tong-Hwa Synthetic Fiber Company is quoting at $2850 / ton. Offers of acrylic flat staple fiber declined to $3000-3200/ ton. Acrylic market is expected to undergo a weak correction in the short term.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Johan Berlin
InvestKonsult Sweden AB

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


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