Textile & Apparel
Acrylic Knitted Yarn & Fiber Market: Trends, Prices & Forecast
Insights
- Throughout the second and third weeks of May 2024, acrylic fibre prices sustained stability as operations resumed, firmness was expected, and industry operating rates remained steady domestically, while minor fluctuations occurred in the foreign market with certain buyers preferring price-based purchasing.
- In the Northeast Asia market, ASF 1.5 denier prices were assessed at around US$1.740 per kg.
Trend Report
The average price of Acrylic Staple Fibre 1.5D - CIF NE Asia has increased by 0.30% in the month of April 2024 as compared to March 2024. The price of Acrylic Staple Fibre 1.5D - CIF NE Asia has been below its last six months average price by -0.23%. The price of Acrylic Staple Fibre 1.5D - CIF NE Asia has reduced by a CAGR of -1.62% in last one year. The price of Acrylic Staple Fibre 1.5D - CIF NE Asia in the month of April 2024 has decreased by -18.44% as compared to the same month last year.
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