Asian Textile Business, June 1st, 2002
Market prices of spandex hit the bottom. Extremely low prices have disappeared. Favorable Chinese demand has greatly contributed to the improvement of the spandex supply-demand balance. China is also strengthening domestic production of spandex much more.
Spandex Prices Hit
Bottom
Market prices of spandex hit the bottom at last. Extremely low prices have disappeared. Prices of 40-den. regular yam, an indicator, have become stable at around US$9/kg. Because of the price jump of oil and petrochemicals, prices of major synthetic fibers such as polyester fiber, nylon and acrylics began to incre...
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