Loading…
Insights

ASF price inches up in India, China

YarnsandFibers News Bureau 2016-04-14 05:04:26 –

In China, medium-length staple fiber prices jumped US cents 2-7 a kg in the last week of March while cotton-type staple rose US cents 3 a kg.

Acrylic staple fibre spot prices were stable during the week in Asian markets. Buying interest of downstream mills remained subdued, reflecting lackluster outlook of yarn and fabric, without any bullish factors.

In China, run rate dropped that week as Ningbo Zhongxin was on planned maintenance shutdown, tightening overall supply somewhat.

Sinopec issued monthly settlement prices, in accordance with monthly average price, and fresh list prices were flat to mid March level. Some ASF producers tended to make supplementary price hikes later.

In India, ASF offers were up US cents 2 a kg due to strong INR during the week.

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

Courtesy: Weekly PriceWatch Report

0 0 vote
Article Rating
0 Comments
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!

WeCreativez WhatsApp Support
Our support team is here to answer your questions via WhatsApp. Ask us anything!
? Hello