+917718880355

Insights

ASF price declines in Pakistan, stable in India, China

YarnsandFibers News Bureau 2016-11-03 04:11:57 –

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.

Acrylic staple fibre prices were largely stable during the week, with offers for cotton?type staple fiber and medium?length staple fiber pegged at previous week’s levels. In China, fibre makers maintained healthy inventory as trading sentiment picked up. Downstream spinners’ performance was stable, and buying interest for ASF picked up slightly.

ASF prices in India rolled over, while those in Pakistan moderated on weak demand. In Pakistan, 1.2D ASF prices fell PakRs2 a kg (down US cents 2) during the week. Cost support was still firm as acrylonitrile prices were flat for almost four weeks now, after the dramatic spurt end-September.

Courtesy: Weekly PriceWatch Report

Please Login to comment

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