Spandex Highlights from 15-31, May 2013
In the last fortnight, selling offer for Spandex increased. In the beginning of last fortnight, sellers maintained stable-to-firm offers due to moderate support from feedstock prices. Trading volume was moderate but flow of inquiries increased as more downstream players participated actively. In the second half, Spandex market opened with an optimistic sentiment. In the beginning of the second half, firm feedstock prices and thin margin of suppliers allowed little room for price adjustment in spite of insipid trades.
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