China BDO-PTMEG-Spandex Industry Chain Report, 2012-2015 New Report
Concerning China’s spandex industry from 2011 to the first half of 2012, on the one hand, capacity expansion continued; on the other hand, the demand from downstream sectors plunged into the doldrums, which caused a decrease in spandex price, as well as a substantial decline in business performance of major manufacturers. In 2011, spandex output of China approximated 260,000 tons, a year-on-year decrease of 4.6%; apparent consumption dropped by 1.7% YoY to 250,000 tons or so.
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