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Live News | Time:Jan 11 2018 10:59AM
Spandex price for warp knitting in weak correction in Guangdong
 
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Operating rate of warp knitting plants is around 60% in Guangdong. Most weavers purchase spandex for rigid demand, and sales slow down.

Price of spandex for warp knitting is in weak correction in Guangdong. Plants are mainly collecting account receivables in end-year. Spandex 40D for warp knitting is mainly pegged at around 35,000-38,000yuan/mt, higher at 39,000-41,000yuan/mt for high-end ones. There are evident discounts for cash deals.

($1=CNY 6.52)
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