In China, ASF prices rolled over in Yuan terms in the third week of November but were down US$2 a kg due to weak currency. Medium-length fiber and cotton-type staple were stable during the week. Offers for Taiwan origin 3D bright ASF tow were unchanged, while regular specs were steady on the week.
Acrylic staple fibre prices were stable across markets in Asian seeing steady downstream demand and normal liquidity. However, weak currency in China and India pegged prices down in US$ terms.
In China, ASF prices were stable in Yuan terms but down US$2 a kg due to weak currency in the second week of November. Sinopec raised its November list prices to neutralize currency change, with cotton‐type staple 1.5D at US$1.88-1.89 a kg from Shanghai Petrochemical, US$1.84 a kg from Anqing Petrochemical and US$1.80 a kg from Qilu Petrochemical.
Offers for Taiwan origin 3D bright ASF tow rolled over in the first week of November while regular specs remain unchanged on the week. In China, medium-length staple fiber and cotton-type staple prices were up US cent 1 a kg on the week.
Acrylic staple fibre prices were generally stable in Asian markets excepting India, where producers prices were revised down. In China, production run rate picked up somewhat, leading to more supplies, while end demand remained modest. Export market transaction was impacted somewhat by higher prompt exchange rate.
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.
