On July 8th, 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. The market trend was flat, driven by strong raw materials, and mainly the weaving on demand followed up.
On July 8th, the spandex market in Fujian remained stable, with a mainstream ex factory price of around 30,000 RMB/ton for 20D, 27,500 RMB/ton for 30D, and 24,500 RMB/ton for 40D specifications. Cost driven was average, downstream followed up as needed, and actual negotiations were flexible.
On July 8th, 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. Cost support was strong, downstream slightly followed up, and spandex negotiations were flexible.
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