The average price of acrylic staple fibre (1.5D) dropped by 6.47 per cent to $2,522.30 per MT (CIF) in north-east Asian market during July-September 2022, according to Fibre2Fashion’s market insight tool TexPro. The prices were at $2,735.94 per MT in January-March and $2,696.92 per MT during April-June 2022.
Acrylic staple fibre (3D*64mm) slipped by 5.35 per cent and the average price was $2,634.93 per MT in July-September 2022 in the Chinese domestic market. It eased by 2.74 per cent to come down to $2,783.77 per MT in April-June. The product was priced at $2,862.10 per MT in January-March 2022.
As per TexPro, FOB China price of the same product declined by 4.18 per cent to $2,806.45 per MT in July-September. It slipped by 3.16 per cent to $2,928.81 per MT in April-June 2022. The average price of the product was $3,023.31 per MT in January-March. The downward trend continued till last week when the price of acrylic staple fibre (1.5D) dropped to $2,300 per MT (CIF) in north-east Asian market. Acrylic staple fibre (3D*64mm) slipped to $2,408.83 per MT in the Chinese domestic market. FOB China price of Acrylic stable fibre (1.5D*38mm) decreased to $2,684.66 per MT.
ALCHEMPro News Desk (KUL)
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