In China, medium-length staple fiber and cotton-type staple prices were up US cents 2 a kg in the last week of October. Offers for Taiwan origin 3D bright ASF tow rolled over while regular specs were unchanged on the week.
Acrylic staple fibre prices climbed in Asian markets, particularly in China, as run rate moved down tightening supply somewhat. Meanwhile, end-use demand improved, leading to fresh orders. Downstream performance was stable, and buying appetite for ASF picked up slightly.
In China, medium-length staple fiber and cotton-type staple prices were steady in Yuan terms but were down US cent 1 a kg, due to weak currency. Offers for Taiwan origin 3D bright ASF tow inched up US cents 3 a kg at the lower end in the third week of October, while regular specs were unchanged on the week.
Offers for Taiwan origin 3D bright ASF tow rolled over in the second week of October while regular specs were unchanged on the week. In China, medium-length staple fiber and cotton-type staple prices remained steady in Yuan terms on the week but were down US cent 1 a kg, due to weak currency.
Acrylic staple fibre prices were steady on the week although upstream acrylonitrile prices turned stable to weak on increased production. Supply increased somewhat, with run rate up from last week.
In China, medium-length staple fiber and cotton-type staple prices were flat in the first week of October. PetroChina issued October list prices at a roll over with 1.5D ASF at US$1.87 a kg and 3D tow at US$2.04 a kg.
Acrylic staple fibre prices were stable in Asian markets although cost pressure was heavy due to previous week’s surge in acrylonitrile cost, while liquidity at producers improved on more demand amid upcoming busy season. Some producers tended to underpin prices, while most chose to wait and see.
ASF prices in India and Pakistan also rolled over on cost support.
In China, medium-length staple fiber and cotton-type staple prices were stable in the last week of September. Offers for Taiwan origin 3D bright ASF tow rolled over while regular specs were flat on the week.
Offers for Taiwan origin 3D bright ASF tow rose US cents 2 a kg in the third week of September while regular specs were flat on the week. In China, medium-length staple fiber and cotton-type staple prices rolled over during the week.
Acrylic staple fibre prices were stable to up since upstream acrylonitrile values were still high under planned supply, while downstream yarn makers mainly purchased from hand to mouth volumes. However, mills showed better appetites on the back of stable acrylic yarn sentiment, but overall performance remained lackluster.
In China, medium-length staple fiber and cotton-type staple prices rolled over in the second week of September. PetroChina released September list prices for 1.5D ASF pegged at 12.45 Yuan a kg (US$1.86 a kg) and 3D tow at 13.60 Yuan a kg (US$2.03 a kg).
Acrylic staple fibre prices held stable that week across China, India and Pakistan. Demand for some specs were seen rising and overall sentiment warming up to some extent.
Although cost pressure increased in line with rising acrylonitrile cost in recent weeks, modest downstream demand resulted in the flat movement of ASF markets.
Offers for Taiwan origin 3D bright ASF tow rolled over in the first week of September while regular specs was stable on the week. In China, medium-length staple fiber and cotton-type staple prices also rolled over during the week.
Acrylic staple fibre prices were kept stable that week as push from rising acrylonitrile cost was countered by the bearish force from unsatisfactory downstream spun yarn performances. In China, downstream sentiment picked up and market liquidity improved somewhat, resulting in lower inventory levels.
Offers for Taiwan origin 3D bright ASF tow jumped US cents 15 a kg in the last week of August while regular specs were stable on the week. In China, medium-length staple fiber and cotton-type staple prices rolled over at US$1.81-1.90 a kg. PetroChina East China branch released September settlement prices for 1.5D ASF pegged at 12.45 Yuan a kg (US$1.90-1.91 a kg) and 3D tow at 13.60 Yuan a kg (US$1.94-1.96 a kg, down US cents 3 on the upper end).
In China, medium-length staple fiber and cotton-type staple prices rolled over in the fourth week of August. Sinopec released August settlement prices for 1.5D ASF pegged at 12.60-12.70 Yuan a kg (US$1.90-1.91 a kg) and 3D tow at 12.90-13.00 Yuan a kg (US$1.94-1.96 a kg, down US cents 3 on the upper end).
Acrylic staple fibre markets were stable and quiet that week, seeing some producers in China announce monthly settlement prices. Liquidity was stable amid thin trading sentiment as downstream yarn makers showed limited buying interest given mute overall performance.
