This morning, spandex market remains sluggish and discounts are available in trading. Currently, spandex traded price is pegged at 85000-88000yuan/mt, with higher around 90000yuan/mt or above. 40D price is pegged at 65000-68000yuan/mt.

In weft knitting market of Guangdong, owing to lasting cotton yarn price drops, spandex demand is hard to warm up and local O/R is around 20-30% level.

$1=CNY6.66

source:CCFGroup.com