Price of spandex increased the most after the Spring Festival holiday among major textile and apparel raw materials

Price of spandex increased the most after the Spring Festival holiday among major textile and apparel raw materials. Taking 40D as an example, it advanced by 2,000-3,000yuan/mt, with increment at around 7.8%. Price of PFY and NFY was weak in early-Feb when downstream fabric mills were slow in resuming operation and saw modest orders. Trading of PFY and NFY reduced as buyers focused on digesting raw materials purchased before. Price of NFY and PFY inched down. Price of spandex and cotton was firm in early-Feb.