SunSirs: Market Situation of Spandex in Some Regions of China on November 26th
November 27 2024 10:46:44 SunSirs (John)
On November 26th, the spandex market in Fujian Province remained relatively stable, with a mainstream ex factory price of around 31,000 RMB/ton for 20D, 29,000 RMB/ton for 30D, and 25,500 RMB/ton for 40D specifications. Cost side support was still acceptable, downstream demand remained high, and overall transactions were light.
On November 26th, the spandex market in Zhejiang Province remained stable, with a mainstream ex factory price of 30,000 RMB/ton for 20D, 29,000 RMB/ton for 30D, and 26,000 RMB/ton for 40D. The cost side was relatively firm, and with the cooling weather, the demand for warm and cold resistant fabrics was increasing, with a slight follow-up.
On November 26th, the spandex market in Henan Province remained stable, with a mainstream ex factory price of around 29,000 RMB/ton for 20D, 28,000 RMB/ton for 30D specifications, and 25,500 RMB/ton for 40D specifications. Cost support was insufficient, downstream maintained essential procurement, and overall market transactions were sluggish.
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