Textile & Apparel
Acrylic Knitted Yarn & Fiber Market: Trends, Prices & Forecast
Insights
- Acrylic staple fibre prices in China saw a slight increase, driven by improved cash flow from reduced acrylonitrile prices and consistent high production rates during the second and third weeks of August 2024.
- In the Northeast Asia market, ASF 1.5 denier prices were assessed at around US$1.768 per kg.
- Acrylic fibre prices are expected to hold steady, with limited room for adjustments in the short term.
Trend Report
The average price of Acrylic Staple Fibre 1.5D - CIF NE Asia has decreased by -0.58% in the month of July 2024 as compared to June 2024. The price of Acrylic Staple Fibre 1.5D - CIF NE Asia has been below its last six months average price by -0.12%. The price of Acrylic Staple Fibre 1.5D - CIF NE Asia has grown by a CAGR of 0.09% in last one year. The price of Acrylic Staple Fibre 1.5D - CIF NE Asia in the month of July 2024 has increased by 1.00% as compared to the same month last year.
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