In March xxxx, the nonwoven fabric sector witnessed a slowdown across the Asian market. The non-woven fabric market was mainly influenced by trade tensions, weakening overall market demand. The Asian nonwoven fabric market, in general, experienced uncertain market conditions.
In the Chinese market, nonwoven fabric prices held a steady price trend in March xxxx. Steady production costs and uncertain demand conditions mainly shaped the pricing trend. Prices for the feedstock Polypropylene (PP) remained flat amidst high inventory levels and weak demand. Though, with the warming of temperatures, the demand for PP in fields such as architecture and agriculture also increased. Despite this, local PP manufacturers altered production and operations on a week-on-week basis to restrict oversupply. Additionally, the recent weakness in upstream crude oil prices influenced the entire value chain, including PP.
On the demand side, demand for nonwoven fabric remained dull during the period despite...
