Spandex trade kept stable last weekend and bearish sentiment still leads the market. However, affected by consuming inventory and storing-up before yearend, spandex purchasing sentiment slightly improves.

Meanwhile, spandex price still is possible to move down but its down range is limited back by cost supports. Currently, ruling spandex price of 20D, 30D and 40D is pegged at 82000-85000yuan/mt, 72000-74000yuan/mt and 62000-65000yuan/mt, respectively.

source:CCFGroup.com