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Acrylic staple fibre sees steep fall in China in 2023

05 Jan '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • In 2023, China's acrylic staple fibre (ASF) prices saw a significant annual decline despite a recovery in the last quarter.
  • Prices dropped **.* per cent domestically and **.* per cent in FOB terms.
  • The price fluctuations occurred amidst varying quarterly changes, with the lowest prices in the third quarter and a modest rebound in the final quarter.

In US dollar terms ASF (*.*D***mm) was noted at $*.** per kg in the Chinese domestic market during January-March ****. It eased *.** per cent to $*.** per kg in the April-June quarter. It further lost **.** per cent to $*.** per kg in the third quarter of last year. However, it recovered *.** per cent to $*.** per kg, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro. 

In the local currency, it noticed a fall of **.* per cent to CNY ***.** per kg in October-December **** compared to the price of CNY ***.** per kg noted in the first quarter. It eased *.** per cent in the second quarter and **.** per cent in the third quarter. But the prices gained *.** per cent in the last quarter of ****

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