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ASF prices soar in China, stable in India

YarnsandFibers News Bureau 2017-02-23 06:46:10 –

In China, medium-length fiber and cotton-type staple ASF prices rose US cents 4 a kg in the second week of February. ASF offers for Taiwan origin 3D bright ASF tow gained US cents 7 a kg at the upper end on the week.

Acrylic staple fibre prices increased on soaring acylonitrile prices and given low inventory, some specs turned hard to get, and in turn some downstream mills were worried on buying adequate raw materials. Downstream demand is sound, and may further improve with some mills in China resume operations next week.

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

In India, offers were unchanged on the week.

Courtesy: Weekly PriceWatch Report

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