SunSirs: Market Situation of Spandex in Some Regions of China on February 28th
March 03 2025 15:50:47 SunSirs (John)
On February 28th, 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 side support remained strong, demand fell short of expectations, maintaining essential procurement.
On February 28th, the spandex market in Fujian remained stable, with a mainstream ex factory price of around 31,500 RMB/ton for 20D, 28,500 RMB/ton for 30D, and 25,500 RMB/ton for 40D specifications. Cost driven was average, downstream enterprises purchased just on demand.
On February 28th, 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. Cost support was strong, downstream production was not as expected, and demand was insufficient.
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