China Spandex Market Daily (3 Nov 2009)

Published: 03 Nov 2009 19:22:34 PST

CCF Spandex Price Index

Spandex 20D: 66,000yuan/mt　 --
Spandex 30D: 57,000yuan/mt　 --
Spandex 40D: 47,500yuan/mt　 --

Spandex market remained stable trend today, with modest buyers. In short term, spandex price was still expected to be flat, in spite of some bearish sentiment in regional market. In export, demand decreased slightly, as customers were less active before year-end.

In downstream, circular knitting plants kept normal operation, but deals were not many. In Zhuji and Yiwu, covered yarn plants were utilized at 70-80% as a whole, with some better at 100%.