On January 24th, the spandex market in Zhejiang Province remained stable, with a mainstream ex factory price of 29,500 RMB/ton for 20D and 25,000 RMB/ton for 40D. As the Spring Festival approaching, downstream and terminal factories of spandex were gradually on holiday, and market transactions were sluggish.

On January 24th, the spandex market in Fujian remained stable, with a mainstream ex factory price of around 30,500 RMB/ton for 20D, 28,500 RMB/ton for 30D, and 25,000 RMB/ton for 40D specifications. Cost driven was average, downstream followed up on demand, weaving load drops to a low level, and transactions were few.

On January 24th, the spandex market in Jiangsu Province remained stable, with mainstream spandex factories offering a reference price of 26,000 RMB/ton for 40D spandex, and actual orders being negotiated along with them. Raw material prices remained stable, weaving loads continue to decline, and market transactions were sluggish.

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