Acrylic staple fibre prices remained unchanged in the second week of May amid quiet trading sentiment. With end-use demand weakening, yarn makers faced poor fresh order-intake and showed mute buying interest for acrylic fibers. However, overall inventory level was relatively under control on back of some maintenance shutdowns in China and some majors’ export orders. Jilin Chemical Fiber kept its list prices for May unchanged on the week.
In India, prices rolled over and in turn transaction remained insipid. Producers will start seeing margins improving since ACN prices have fallen that week.
In Pakistan, ASF producers maintained stable prices amid demand.
Courtesy: Weekly PriceWatch Report
In May 2020, nylon filament yarn prices were talked up amid climbing prices in the upstream CPL and nylon chip…
In May 2020, polyester filament yarn prices recovered in China supported by higher prices in the polyester staple fibre markets.
Viscose staple fibre prices in April were mostly down in the Asian markets of China, India, and Pakistan. In China,…
Feedstock, propylene prices in Asia fell in April amid historic lows in the crude oil and naphtha markets that month.…
Nylon or polyamide chip markets slumped in March amid weakening prices in the raw material CPL markets while downstream buying…
In March 2020, polyester staple fiber (PSF) prices declined month-on-month in China as demand was weak and supply was abundant.…