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Spandex Market Morning Express (Dec 27, 2010)

Spandex Market Morning Express (Dec 27, 2010)

Write: Malila [2011-05-20]
2010-12-27

This morning, spandex remains flat and its price is different. Some spandex suppliers sell at low price for cash out and spandex producers also sell low-quality cargoes at low price. Relatively speaking, spandex ruling price is stable.
Currently, ruling price of spandex 20D is pegged at 80000-82000yuan/mt, with higher at 83000yuan/mt. Spandex 30D and 40D is traded at 70000-72000yuan/mt and 60000-62000yuan/mt (higher at 63000-64000yuan/mt), respectively.
$1=CNY6.63

source:CCFGroup.com