Acrylic staple fibre market in Asia remains stable

In the third week of September, offers for cotton-type staple fiber in China rolled over from last week. Taiwan origin 3D bright tow offer declined US cents 18-22 a kg.

Jilin Chemical Fiber’s list prices for September was flat at August with 1.5D at US$2.46 a kg, 3D medium-length at US$2.45 a kg, tow at US$2.53 a kg and top at US$2.67 a kg.

In China, mainstream ASF producers maintained stable offers while buying in downstream yarn sector was need based with low run rates. However, overall negotiation atmosphere remained lackluster, citing concerns over ASF market development.

Under such background, it is expected that ASF markets will remain range bound, awaiting the release of month-end settlements despite the advent of traditional busy season.

The continuous fall in acrylonitrile prices was leading to pessimistic outlook for acrylic staple fibre prices and slowing down liquidity during the week.

In India, ASF offers were up US cents 2 a kg due to stronger INR.

In Pakistan, 1.2D ASF prices were stable on the week.

Courtesy: Weekly PriceWatch Report

Recent Posts

Nylon or polyamide markets move up amid modest demand

In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…

4 years ago

Polyester fiber, yarn prices firmer amid a rebound in PTA and MEG markets

In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.

4 years ago

Viscose or rayon markets continue to weaken in Asia

Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…

4 years ago

Acrylic fiber prices slip amid low acrylonitrile and propylene costs

Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…

4 years ago

Nylon or polyamide markets slump on lackluster sentiment

Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…

5 years ago

Polyester prices nosedive to multi-year lows across the world

In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…

5 years ago