+917718880355

Insights

ASF price remains ranged bound on firm raw material cost

YarnsandFibers News Bureau 2016-07-28 03:04:38 –

In China, medium-length staple fiber and cotton-type staple prices rolled over in the second week of July. Players showed relatively stable mindset in China due to concentrated maintenance, while the market performance was lackluster.

Sinopec retained its July list prices with 1.5D ASF at 12.60-12.70 Yuan a kg (US$1.88-1.90 a kg) and 3D tow at 12.90-13.20 Yuan a kg (US$1.93-1.98 a kg).

As acrylonitrile prices appeared to be weak that week in Asia, the cost support to acrylic fibre markets reduced. On the other hand, ASF producers continued with production cutbacks and shutdowns, while trading atmosphere turned insipid, citing weak yarn and fabric sentiment.

In India, given the lingering off season in yarn and fabric markets, buying interest was mostly lusterless and ASF prices rolled over.

In Pakistan, 1.2D ASF prices were unchanged on the week.

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