Spandex market holds steady on balanced demand | |
The Mumbai textile raw material market has held steady for Spandex Grade 20D, reflecting balanced supply conditions and routine downstream demand. Prices were quoted at Rs.373/kg on August 23 and remained unchanged at the same level on August 25, according to Indian Petrochem analysts. Stable demand anchors pricing: The hosiery, activewear, and garment manufacturing sectors continue to show consistent procurement, providing a stable demand base. Market participants confirm that no unusual buying spikes or order cutbacks have emerged, reinforcing a flat pricing outlook. Feedstock and energy linkages: Analysts note that stability in crude oil and feedstock values has reinforced the calm pricing environment. With no sudden hikes in input costs, traders have found little incentive to revise offers, and buyers have been able to plan procurement with confidence. Outlook:Unless there are sharp changes in raw material or energy markets, Spandex 20D is expected to hover near current levels in Mumbai. The balance between domestic and imported supply, supported by consistent flows from Indian Petrochem, will remain the key to sustaining this stability. Downstream players are likely to continue routine procurement strategies, with minimal concern of sudden swings in the near term, Spandex Prices, Prices Spandex, IndianPetrochem. #SpandexPrices #PricesSpandex #IndianPetrochem | |
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Target State: All States Target City : Delhi Last Update : Aug 25, 2025 7:44 AM Number of Views: 6 | Item Owner : indianpetrochem Contact Email: Contact Phone: (None) |
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