spandex filament yarn Pricing Assessment

Markets Covered:

China

India

Mexico

Egypt

Turkey

Spandex Filament Yarn Price Trend, Analysis and Forecast

In the first quarter of 2024, Spandex Filament Yarn 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.

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.

As of August 2024, Spandex Filament Yarn prices in China were reported at approximately USD 3,526 per metric ton, indicating a slight decrease from Q2 levels. This decline can be linked to various global factors, including fluctuating energy prices and persistent supply chain issues that have affected production costs. While rising feedstock costs typically lead to increased production expenses, manufacturers’ cautious approach to inventory management contributed to this downward trend. Overall, the market remains sensitive to global economic conditions and shifts in demand.

Looking ahead to the fourth quarter of 2024, Spandex Filament Yarn prices in China are expected to fluctuate as manufacturers prepare for a potential increase in demand during the festive season. Anticipated production ramp-ups could lead to price increases if demand surges significantly. Global influences such as rising feedstock costs and ongoing volatility in energy prices may continue to shape market dynamics. Manufacturers will need to stay alert and adapt their strategies based on shifts in demand from key international markets like India and beyond, which could further impact pricing strategies in China.

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is your trusted resource for tracking global spandex filament yarn price trends. Our platform delivers real-time data and expert analysis, offering deep insights into the key factors driving price fluctuations in the spandex filament yarn market. By monitoring critical events such as geopolitical tensions, supply chain disruptions, and economic shifts, keeps you fully informed of market dynamics.

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Track 's spandex filament yarn price assessment on a weekly basis since 2015 onwards, along with short-term forecasts, and get access to the detailed report in a downloadable format.

Historically, several events have caused significant fluctuations in spandex filament yarn prices

Global Economic Recovery and Inflation (2023): As global economies began to recover from the pandemic, inflationary pressures emerged, impacting various sectors, including textiles. The increased cost of energy and raw materials led to higher production expenses for Spandex Filament Yarn. This inflationary environment caused fluctuations in prices as manufacturers navigated the challenges of balancing production with rising costs while trying to meet recovering demand from the market.
Raw Material Price Fluctuations (2021-2022): During this period, prices for key raw materials used in Spandex Filament Yarn production, such as Polyurethane and PTMEG (Polytetramethylene Ether Glycol), experienced substantial increases. These rising costs were driven by supply chain disruptions, increased demand as economies began to recover post-pandemic, and geopolitical tensions affecting trade routes. Consequently, Spandex Filament Yarn prices also rose as manufacturers passed on the increased production costs to consumers.
COVID-19 Pandemic (2020): The outbreak of COVID-19 led to widespread disruptions in global supply chains, affecting production and distribution of Spandex Filament Yarn. Lockdowns and restrictions resulted in reduced demand from the textile industry, causing a sharp decline in prices. As manufacturers faced challenges in sourcing raw materials and managing inventory, the market experienced significant volatility.

Methodology and Specifications

spandex filament yarn Pricing Assessment Research Methodology

Data Collection and Sources

Real-Time Market Data: aggregates real-time pricing data from a diverse range of sources, including global commodity exchanges, industry reports, and proprietary databases. This ensures that our assessments reflect the most current market conditions.

On-the-Ground Intelligence: Our team gathers insights directly from key market participants, including producers, suppliers, traders, and end-users, across major Spandex Filament Yarn production hubs. This ground-level intelligence is crucial for understanding localized market dynamics.

Supply Chain Monitoring: We track the entire Spandex Filament Yarn supply chain, from raw material PTMEG availability to production and distribution channels. This includes monitoring feedstock PTMEG and Polyurethane prices, production capacities, and transportation logistics.

Event Tracking and Impact Analysis

Geopolitical Tensions: continuously monitors global geopolitical developments, such as conflicts or trade disputes, which can significantly impact Spandex Filament Yarn prices. Our analysis includes potential disruptions to supply chains and their immediate and long-term effects on pricing.

Natural Disasters and Climate Events: We assess the impact of natural disasters, such as hurricanes or winter storms, on Spandex Filament Yarn production facilities, particularly in vulnerable regions like the U.S. Gulf Coast. These events are factored into our price forecasts and supply outlooks.

Economic Shifts: evaluates macroeconomic trends, including global economic growth, inflation rates, and sector-specific demand (e.g., textiles), to predict shifts in Spandex Filament Yarn demand and corresponding price movements.

Production Capacity and Supply Analysis

Current Production Monitoring: We maintain a comprehensive database of global Spandex Filament Yarn production facilities, tracking their operational status, maintenance schedules, and output levels. This allows us to assess current supply availability accurately.

Future Capacity Projections: Our research includes detailed forecasts of upcoming Spandex Filament Yarn production capacities, factoring in new plant constructions, expansions, and technological advancements. This helps in predicting future supply trends and potential price stabilization.

Demand Forecasting

Sectoral Demand Analysis: provides in-depth analysis of demand trends across key sectors, including textiles. We track year-on-year demand growth and project future consumption patterns based on economic indicators and industry developments.

Global Demand Dynamics: Our methodology considers regional demand variations and how they influence global Spandex Filament Yarn pricing. This includes understanding the impact of shifts in manufacturing bases, trade policies, and environmental regulations.

Pricing Model Development

Dynamic Pricing Models: utilizes advanced econometric models to forecast Spandex Filament Yarn prices, incorporating real-time data, historical trends, and projected market conditions. Our models are continuously refined to enhance accuracy and predictive power.

Scenario Analysis: We conduct scenario-based assessments to evaluate potential future market conditions. This includes best-case, worst-case, and most likely scenarios, helping our clients prepare for a range of market outcomes.

Reporting and Client Support

Comprehensive Reports: Our clients receive detailed reports that include current price assessments, future price forecasts, and in-depth analysis of market drivers. These reports are designed to be actionable, providing clear insights and recommendations.

Ongoing Support: offers continuous updates and personalized support to our clients, ensuring they have the most up-to-date information to make informed decisions. Our experts are available to discuss specific market developments and provide tailored advice.

This research methodology ensures that delivers the most accurate, timely, and actionable Spandex Filament Yarn pricing assessments, helping our clients stay ahead of market trends and make informed business decisions.

Specifications

Molecular Weight[g/mol]

20000- 50000

CAS No

9009-54-5

HS Code

54024400

Molecular Formula

(C3H8N2O)n

spandex filament yarn

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

33 Kg Carton

Grades Covered

40 Denier

Incoterms Used

FOB Shanghai, CIF Manzanillo (China), CIF Mersin (China), CIF Nhava Sheva (China), CIF Alexandria (China), Ex-Faridabad

Synonym

Elastane, Lycra, Elasthan

Quotation Terms:

15-20 MT

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.

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.

Disclaimer

Spandex Filament Yarn price provided by is a base price and excludes VAT/Taxes, discounts, or offers. The information herein is accurate to the best of our knowledge as of the date indicated and is provided solely for the convenience of our customers as a reference for spandex filament yarn. disclaims any warranties or representations regarding the accuracy of results derived from this information. It is the sole responsibility of the user to assess the suitability of the product for their specific application. This document does not constitute an endorsement to use the product in violation of any applicable patent rights.

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Frequently asked questions

What factors affect the pricing of Spandex Filament Yarn? +

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.

How do changes in raw material costs impact Spandex Filament Yarn 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.

What market trends should we be aware of when sourcing Spandex Filament Yarn? +

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.