Spandex Market Prices in China

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19 November 2008 - Spandex prices further fell in the past period in China, as a result of continued weakness in demand from the textile industry. Raw material costs were sharply down, including MDI and PTMEG prices on the international market. Spandex producers are significantly reducing operating rates in order to stabilize prices. Largest Chinese producer Yantai Spandex released falling financial results.

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