Loading…
Insights

ASF prices hold firm amid limited availability

YarnsandFibers News Bureau 2018-09-26 11:13:45 –

In China, ASF prices were stable in the week ended 21 September 2018 with medium-length fibre and cotton-type offers rolling over as compared to last week.

Acrylic staple fibre prices were largely firm in the Asian markets of China, India and Pakistan India during the week. In China, ASF offers were unchanged amid overall weak downstream demand while some producers shut down units to resist high feedstock cost as ACN market was at high level.

Average plant run rate in China reduced significantly to 38% during the week as most units were idle while others had cut production. As a result, availability was limited.

Overall, ASF market will only recover if producers hike prices in coming weeks.

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