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Spandex market dynamics in October 2017

2017-11-09

Due to high raw material prices and low stocks of downstream plants, domestic spandex market prices are still high in October. Even though the spandex industry benefit has been improved and downstream plant operating rate has increased, spandex sells are still difficult. That's because spandex supply exceeds demand.


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September 2017 export spandex 4338 tons, 4960 tons last month fell 622 tons, the average price of 5.61 USD / kg higher than last month's $5.229 / kg, of which South Korean exports 379 tons, the price of $4.787 / kg, lower than last month to $4.868 / kg, Turkey exports 547 tons, the price 4.31 yuan / kg, higher than the $4.19 / month kg; China imported spandex total of about 1908 tons, 1366 tons last month to rise QoQ, average price of 6.686 U.S. dollars / kg, lower than last month to $7.884 / kg.


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