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Spandex prices continued to rise recently
Released date: 2010-11-13 Hits: 1160
Recently, the spandex industry associations with a number of manufacturers have coordinated to reach a unified intention on an overall spandex price increase, which means all enterprises will raise the standard spandex uniform price on their respective 20D, 30D, 40D of 3,000 yuan / ton, and on October 1, agreed to follow the specifications on their respective 20D, 30D, 40D once again of 2,000 yuan / ton.
Yi-Chi Chang, who is one of the chemical industry researchers, believes in the current tension between the spandex supply and demand market. With the gradual digestion and lower inventory for the downstream, the purchase will continue to rise and spandex industry have ushered in a new round of price hikes time. If these two price rising come to fruition, the total gain in spandex will be up to 5,000 yuan / ton. This is obviously a big plus to spandex enterprises.
From: www.chinanonwovenes.com
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