SunSirs: Market Situation of Spandex in Some Regions of China on February 10th

On February 10th, 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 and gradually recovered after the holiday, with downstream purchasing on demand.

On February 10th, 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 support was average, spandex negotiations were low, and downstream textile companies were following suit slightly.

On February 10th, 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. Raw material prices remained firm, downstream weaving loads were slowly recovering, with downstream purchasing on demand.

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