ASF price remains firm despite rising raw material cost

YarnsandFibers News Bureau 2017-02-02 05:45:23 –

Acrylic staple fiber prices in Asian markets generally rolled over in the third week of January. Since Spring Festival was drawing closer, many downstream mills in China had left for holidays, leading to thinner demand. On the other hand, ASF producers mainly delivered goods or fulfilled previous orders.

Markets sentiment is likely to pick up after the Spring Festival. ASF prices in India and Pakistan also rolled over on the week. Overall demand was lusterless. Seeing high run rate against lackluster demand, ASF producers will continue to suffer some margin losses given the firming acrylonitrile cost.

In Pakistan, 1.2D ASF prices rolled over on the week.

In India, offers remained unchanged during the week.

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