China Spandex Market Daily (25 Nov 2009)
Published: 25 Nov 2009 02:01:22 PST CCF Spandex Price IndexSpandex 20D: 66,000yuan/mt --
Spandex 30D: 57,000yuan/mt --
Spandex 40D: 47,500yuan/mt --
Spandex market trading sentiment continued to climb up to 3.1, the active territory, as demand was increasing as a whole, also witnessing inventory level down to just 15.8 days. Spandex price remained stable yet, but some producers intended to increase prices on well-required yarns. In downstream, textile mills were overall positive, but covered yarn market was relatively worse due to poor profit, in wake of skyrocketing cotton yarn and polyester yarn prices.
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