In the third week of October, offers for cotton-type staple fiber in China were stable at US$2.11-2.23 a kg while medium-length staple were at US$2.12-2.22 a kg.
Taiwan origin 3D bright ASF tow was US cents 20 cheaper with offers at US$1.70-1.92 a kg. They were last revised down only in last week of September.
Jilin Chemical Fiber’s list prices for 1.5D were down for October at US$2.23 a kg, 3D medium-length at US$2.22 a kg, tow at US$2.30 a kg and top at US$2.44 a kg.
In Pakistan, 1.2D ASF prices dropped PakRs.35 a kg or US cents 33 a kg in the second week of October.
ASF prices in Pakistan were seen declining sharply owing to weak demand and receding cost.
In India, ASF offers were flat in local currency, but up US cents 3 a kg due to stronger INR.
Prices in India rolled over on cautious downstream demand. ASF markets are expected to remain range-bound in coming week.
In China, offers for cotton-type staple fiber were stable and medium-length staple prices rolled over.
Taiwan origin 3D bright tow offer pegged at US$1.90-2.12 a kg.
In the last week of September, acrylic staple fibre markets witnessed slow liquidity amid limited negotiations in a thick holiday atmosphere.
In China, run rate stayed at close to 100 per cent while downstream mills purchased need-based volume, leading to tolerable inventory level.
Downstream mills reportedly reduced their offers in line with the sharp decline of raw material cost, while the downside range differed between the converters.
Demand for differentiated fiber remained subdued.
Offers for cotton-type staple fiber and medium-length staple were stable.
In the fourth week of September, offers for cotton-type staple fiber fell US cents 25 a kg in China while medium-length staple was down US cents 27 a kg. Taiwan origin 3D bright tow offer declined US cents 10 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 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.
Acrylic staple fibre prices rolled over in the last week of August across markets despite upstream acrylonitrile prices tumbling further. In China, producers rolled over their offers for September, aiming to support the sentiment since downstream yarn prices were stable. However, overall liquidity was meager.
Acrylic staple fibre markets were calm in the first week of August and prices generally rolled over. In China, mainstream producers rolled over their offers despite upstream acrylonitrile prices were southbound. Downstream yarn sector saw mills running at low run rates and buying hand-to-mouth volume amid the seasonal lull. However, ASF producers still saw normal liquidity, while inventory was tolerable despite a mild increase.
In the last week of July, Asian propylene prices inched up amid thin discussions talks ahead of new plant startups. Demand was also heard to be weak in China amid ample inventories. In US, chemical grade propylene was dearer while refinery grade dipped to a fresh 75-month low.
