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Chinese ASF dips marginally this week from weak downstream
02 Jan '15
1 min read
Acrylic staple fibre (ASF) prices dipped marginally in the Chinese domestic market during this week from weak downstream and also weak market fundamentals.
Spot prices of ASF 1.5 Den were seen around RMB 16,500-17,450/ton, while ASF 3.0 Den was offered at RMB 16,550-17,600/ton.
However, prices remained steady in the Chinese USD based market. ASF 3.0 Den was quoted at $ 2.44 - 2.48/kg and ASF 1.5 Den was assessed at US$ 2.49 to 2.53/kg.
Spot prices of ASF 1.5 Den were seen around RMB 16,500-17,450/ton, while ASF 3.0 Den was offered at RMB 16,550-17,600/ton.
However, prices remained steady in the Chinese USD based market. ASF 3.0 Den was quoted at $ 2.44 - 2.48/kg and ASF 1.5 Den was assessed at US$ 2.49 to 2.53/kg.
Fibre2fashion News Desk - India
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