Textile & Apparel
Acrylic Knitted Yarn & Fiber Market: Trends, Prices & Forecast
Insights
- Acrylic staple fibre prices in China stabilized due to steady production from private plants and balanced supply-demand conditions in the acrylic fiber market from September 9 to 20, 2024.
- In the Northeast Asia market, ASF 1.5 denier prices were assessed at around US$1.770 per kg.
- Acrylic fibre prices are expected to keep stable in the short term.
Trend Report
The average price of Acrylic Staple Fibre 1.5D - CIF NE Asia has increased by 2.59% in the month of August 2024 as compared to July 2024. The price of Acrylic Staple Fibre 1.5D - CIF NE Asia has been above its last six months average price by 1.95%. The price of Acrylic Staple Fibre 1.5D - CIF NE Asia has grown by a CAGR of 0.3% in last one year. The price of Acrylic Staple Fibre 1.5D - CIF NE Asia in the month of August 2024 has increased by 3.61% as compared to the same month last year.
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