SunSirs: Market Situation of Spandex in Some Regions of China on October 16th

https://www.chemnet.com   Oct 17,2024 SunSirs

On October 16th, the spandex market in Zhejiang Province remained stable, with a mainstream ex factory price of 30,000 RMB/ton for 20D, 29,000 RMB/ton for 30D, and 26,000 RMB/ton for 40D. Cost support was weak, downstream wait-and-see was dominant, and market transactions were sluggish.

On October 16th, the spandex market in Fujian Province remained relatively stable, with a mainstream ex factory price of around 31,000 RMB/ton for 20D, 29,000 RMB/ton for 30D, and 25,500 RMB/ton for 40D specifications. The spandex factory was actively shipping, but downstream inventory consumption was the main factor, and procurement was cautious.

On October 16th, the spandex market in Henan Province remained stable, with the mainstream ex factory price for 20D referring to around 29,000 RMB/ton, 30D specification priced at 28,000 RMB/ton, and 40D specification priced at 25,500 RMB/ton. Cost support was weak, downstream demand was flat, and inquiry enthusiasm was poor.

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