Spandex Price is to Kick the Bottom

Previously, in the article of “Spandex: Whether the Rainbow Will Come Out after the Rain or Not”, I have pointed out that spandex bottom price has been taken shape. Afterward, spandex price is in consolidating trend. With domestic spandex output gradually increased, the overall spandex dominant price system keeps stable. Currently, 20D spandex price is fluctuated around 57000-65000CNY/t, 40D spandex price is maintained around 43000-46000CNY/t.

Throughout last year, July to October, spandex came through the basing period with less orders and weak demand. Afterwards, it is boosted by textile feedstock increase, rebounding sharply. Whether spandex price will rebound this year or not?