ASF market witnesses lackluster trading in Asia

YarnsandFibers News Bureau 2017-07-06 06:07:19 –

Taiwan origin 3D bright ASF tow offers were flat in the third week of June. Acrylic staple fibre prices were stable amid lackluster trading atmosphere across Asian markets. In China, downstream mills mostly reduced their procurement due to the downtrend in ASF market, waiting for the release of monthly settlement prices and the following actions of producers. However, due to low run rates, overall inventory pressure was moderate.

In India, domestic demand was lackluster while no exports were reported in May, which in turn pushed ASF market sentiment into insipidity.

In Pakistan, downstream mills mainly bought hand to mouth volume amid cautious mentality.

Courtesy: Weekly PriceWatch Report

0 0 vote
Article Rating
Inline Feedbacks
View all comments

Market Intelligence

Ask for free sample Report

why us?
21 yrs


Fortune 500

Customer Base


dedicated team


Countries Served Worldwide


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