Home breadcru News breadcru Raw Material Prices breadcru  | Acrylic staple fibre prices decline over 17% in China

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Acrylic staple fibre prices decline over 17% in China

22 Feb '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Since January 2023, the price of acrylic staple fibre (1.5D*38mm) in the Chinese market has plummeted, with domestic prices decreasing by **.*% to $*.** per kg over 14 months.
  • FOB prices at Chinese ports also dropped by **.*% to $*.** per kg. Despite fluctuations throughout the year, prices have now stabilised at $*.** per kg.

Chinese domestic prices of acrylic staple fibre were hovering at $*.** per kg in the first quarter of last year. They declined by *.** per cent to $*.** per kg in April-June ****. The prices crashed by **.** per cent to $*.** per kg in July-September ****. However, the prices recovered by *.** per cent to $*.** per kg in the following quarter and further by *.** per cent to reach $*.** per kg as of now, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

The FOB price of the fibre was noted at $*.** per kg at Chinese ports in January-March ****. The prices had seen a steep fall of *.** per cent to $*.** per kg in the second quarter and **.** per cent to $*.** per kg in the third quarter of last year, as per *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">TexPro.

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