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TurkeyAs of March 2025, Spandex Filament Yarn prices on an FOB China basis further decreased to around USD 3,330 per metric ton. This additional drop reflects the cumulative impact of ongoing global economic uncertainties, persistent supply chain challenges, and a continued focus on cost and inventory optimization.
In Q4 2024, prices continued to decrease by 4.24%. During this period, despite preparations for potential festive season demand, persistent global economic uncertainties and energy price volatility maintained the downward pressure. Manufacturers remained focused on strategic inventory management to navigate these challenges, contributing to the sustained decline.
In Q3 2024, Spandex Filament Yarn prices in China declined by 5.51% compared to the previous quarter. This drop was driven by fluctuating energy prices and ongoing supply chain challenges, which increased production costs. Although rising feedstock costs typically lead to higher expenses, manufacturers’ cautious inventory management helped moderate the impact, resulting in an overall downward trend.
By the second quarter of 2024, Spandex Filament Yarn prices in China experienced a significant further decline. This drop is attributed to a continued slowdown in demand as manufacturers struggled to align production with market needs. The ongoing impact of global inflation also played a role in this trend. As manufacturers focused on reducing excess inventory, prices fell sharply, reflecting the challenges faced by the industry in both China and India.
In the first quarter of 2024, Spandex Filament Yarn FOB prices in China saw a decline of 6.1% compared to the previous quarter. This drop was largely due to weakening demand from the textile industry, despite some recovery in the overall economy post-pandemic. Manufacturers in China prioritized managing their inventory levels, which added to the downward pressure on prices. Additionally, global factors such as supply chain disruptions contributed to this price decrease.
As of March 2025, Indian Spandex Filament Yarn Ex-prices are reported at around INR 379,000 per metric ton. This increase reflects improved market sentiment driven by recovering demand and stabilized supply chain conditions. Despite ongoing global economic uncertainties and supply chain issues, manufacturers remain focused on cost and inventory optimization, supporting a cautiously optimistic outlook for the near term.
In Q4 2024, the market experienced a reversal with prices increasing by about 5.41%. This uptick was supported by preparations for the festive season and a slight recovery in demand. However, persistent global economic uncertainties and energy price volatility continued to influence market dynamics. Manufacturers focused on strategic inventory management to navigate these challenges, contributing to the price rebound.
Q3 2024 saw a further price decrease of approximately 1.44%, driven by fluctuating energy prices and ongoing supply chain challenges that increased production costs. Although rising feedstock costs typically push prices higher, cautious inventory management by manufacturers helped moderate the impact, resulting in an overall downward trend.
In Q2 2024, the Ex-prices continued to decline sharply by about 4.77%, reflecting a continued slowdown in demand as manufacturers struggled to align production with market needs. The ongoing impact of global inflation and cautious consumer spending further pressured the market. Excess inventory led manufacturers to reduce output, intensifying the price drop and reflecting challenges faced by both Indian and Chinese industries.
The Indian Spandex Filament Yarn domestic market in Q1 2024 experienced a price decline of approximately 3.42% compared to Q4 2023. This drop was largely due to weakening demand from the textile industry, despite some recovery in the overall economy post-pandemic. Manufacturers prioritized managing inventory levels amid subdued market conditions, which added to the downward pressure on prices. Additionally, global supply chain disruptions contributed to the price decrease.
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Molecular Weight[g/mol]
CAS No
HS Code
Molecular Formula
Spandex Filament Yarn is a highly elastic synthetic fibre made from a long-chain polymer called Polyurethane. Renowned for its exceptional stretchability, spandex can expand up to five times its original length while maintaining its shape, making it ideal for a variety of applications in the textile industry. It is commonly blended with other fibres such as Cotton, Polyester, and Nylon to enhance the comfort and durability of fabrics used in athletic wear, swimwear, undergarments, and form-fitting clothing. The yarn is produced through various spinning processes, resulting in fabrics that are lightweight, moisture-wicking, and breathable. Spandex Filament Yarn has revolutionized modern clothing by providing flexibility and support, catering to the growing demand for comfortable and stylish apparel.
Packaging Type
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Incoterms Used
Synonym
PriceWatch Quotation Terms:
Ex-Location: This incoterm refers to a shipping agreement where the seller makes the goods available at their premises, and the buyer is responsible for all transportation costs, including shipping, insurance, and any other fees.
CIF: CIF refers to the Cost, Insurance, and Freight (CIF) terms for goods. Under CIF terms, the seller is responsible for the cost of goods, insurance, and freight charges until the goods reach the port of destination.
FD: FD stands for Free Delivered where the seller takes full responsibility for delivering goods to the location/port. This ensures the buyer receives the goods at the designated port with all necessary costs, except import duties, covered.
FOB: FOB refers to the Free On-Board shipping term, where the seller is responsible for the cost and risk of delivering the goods to the port. Once the goods are on board the vessel, the responsibility shifts to the buyer for all costs, including shipping and insurance.
Technical specification for Spandex Filament Yarn
| Property | Specification |
| Relaxed Denier | 40 ± 1.0 Denier |
| Elongation | 448 ± 50% |
| Tenacity | 41 ± 14 gf |
| Tensile Force @ 200% Elongation | 6.8 ± 1.4 gf |
| Specific Gravity (@20°C) | 1- 1.2 |
Applications
Spandex Filament Yarn is a highly versatile synthetic fibre known for its exceptional elasticity and stretchability, making it ideal for a wide range of applications. It is predominantly used in the production of activewear, sportswear, and swimwear, where it provides a snug fit and allows for freedom of movement. Additionally, Spandex is commonly found in undergarments, hosiery, and shapewear, enhancing comfort and support. Its elasticity also makes it suitable for medical textiles such as compression garments and orthopaedic supports, ensuring a precise fit while promoting circulation. Beyond apparel, Spandex Filament Yarn is utilized in various industrial applications, including automotive interiors and safety belts, where durability and flexibility are essential.
The pricing of Spandex Filament Yarn is influenced by several key factors, including the cost of raw materials such as Polyurethane and Polytetramethylene Ether Glycol (PTMEG), which are essential for its production. Additionally, fluctuations in global supply chain dynamics, energy prices, and demand from the textile industry can significantly impact pricing. Seasonal trends, such as increased demand during peak fashion seasons, also play a crucial role in determining market prices.
Changes in raw material costs directly affect the pricing of Spandex Filament Yarn. For instance, if the prices of Polyurethane or PTMEG rise due to supply constraints or increased demand, manufacturers may pass these costs onto buyers, leading to higher yarn prices. Conversely, if raw material costs decrease, it may result in lower prices for Spandex Filament Yarn. Monitoring these fluctuations is essential for procurement heads to make informed purchasing decisions.
When sourcing Spandex Filament Yarn, procurement heads should be aware of several market trends, including the ongoing recovery of the textile industry post-pandemic and the potential for increased demand driven by fashion trends and activewear popularity. Additionally, geopolitical factors and supply chain disruptions can influence availability and pricing. Staying updated on these trends through market reports and analysis will help in making strategic sourcing decisions and negotiating better terms with suppliers.
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