According to Fibre2Fashion's market insight tool TexPro, spandex prices have seen a gradual decline over the last six months. Recently, the price dropped to $5 per kg from $5.10 per kg at the beginning of this month. In the Chinese domestic market, prices were recently noted at $4.17 per kg, down 11.27 per cent from $4.70 per kg in the second half of December 2023.
The FOB and domestic prices of 30D spandex were recorded at $4.45 per kg and $4.04 per kg, respectively, last week. Six months ago, these prices were $4.59 per kg and $4.87 per kg, respectively.
Spandex (40D) was sold at $4.25 per kg at Chinese ports (FOB) and $3.69 per kg in the Chinese domestic market in the last 6 months. Additionally, the 70D and 140D varieties were traded at $3.62 per kg and $3.56 per kg, respectively, during the same time in the domestic market, as per TexPro.
ALCHEMPro News Desk (KUL)
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
marketing@alchempro.com
