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Spandex Price Trend Analysis 2026: Latest News, Market Insights, Historical Prices, Price Drivers & Supply Demand Analysis

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Spandex Price Trend Q1 2026

Product Region Incoterm Basis Price Last Updated Month
Spandex China FOB USD 4,032.02/MT April 2026
Spandex India CIF USD 4,082.02/MT April 2026
Spandex USA CIF USD 4,119.02/MT April 2026
Spandex Brazil CIF USD 4,098.02/MT April 2026
Spandex Canada CIF USD 4,119.02/MT April 2026
Spandex China FOB USD 3,681.85/MT March 2026
Spandex India CIF USD 3,737.00/MT March 2026
Spandex USA CIF USD 3,769.00/MT March 2026
Spandex Brazil CIF USD 3,780.00/MT March 2026
Spandex Canada CIF USD 3,777.00/MT March 2026

Stay updated with the latest Spandex prices, historical data, and tailored regional analysis

  • Global spandex markets remained under upward cost pressure during Q1’26 as feedstock volatility, elevated logistics expenses, and geopolitical disruptions tightened the broader petrochemical supply chain.
  • Feedstock costs increased due to higher crude oil values, rising PTMEG and MDI production expenses, and freight inflation following disruptions around the Strait of Hormuz.
  • Downstream demand from sportswear, hosiery, activewear, and textile sectors remained stable in China, supported by export-oriented garment manufacturing and seasonal restocking activities.

The Spandex market remained firm during Q1’26 amid rising upstream costs and tightening regional supply conditions. From January to March 2026, Spandex prices in China increased by approximately 8 percent. Increased crude oil volatility and disruptions around the Strait of Hormuz significantly raised feedstock costs for PTMEG and MDI production, while freight rates and logistics expenses also increased sharply during March due to vessel shortages and geopolitical risks. Stable downstream demand from sportswear, elastic fabric, hosiery, and apparel manufacturing supported market sentiment during the early part of the quarter, while cautious procurement emerged later due to elevated production costs and uncertain export orders. Supply-side pressure also intensified as regional petrochemical trade flows slowed amid Middle Eastern shipping disruptions and higher insurance premiums on cargo movement.

Analyst Insight

According to Procurement Resource, spandex market is expected to remain firm due to elevated feedstock costs, persistent freight volatility, and ongoing geopolitical uncertainty affecting global petrochemical supply chains.

Related Report

  • Spandex Manufacturing Plant Project Report

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During the second half of 2025, the Asian spandex market gradually shifted toward a firmer trajectory as production discipline, operating rate adjustments, and inventory destocking improved overall supply-demand fundamentals. In China, several producers reduced output amid prolonged margin pressure, which helped ease inventory accumulation and tighten spot availability across select deniers. Demand from activewear, winter fabrics, circular knitting, and warp knitting segments improved seasonally during the second half of the year, supporting stronger downstream procurement activity compared to H1. Market sentiment also strengthened as inventories reportedly declined steadily across major production hubs, encouraging suppliers to increase offers after an extended period of losses. While structural overcapacity continued to cap aggressive gains, improved textile order flows and tighter prompt supply supported moderate price recovery across the regional spandex market. Nevertheless, buyers remained cautious regarding long-term commitments amid ongoing macroeconomic uncertainty and competitive pressure within the global textile value chain.

About Spandex

Spandex is a synthetic polymer of polyglycol, di isocyanate and polyurethane. It is an elastomer better than rubber in terms of strength and elasticity. It can be stretched multiple times but recoil to the same shape when released. It is resistant to most acids and alkalis. It is used mainly for making fabric.

Spandex Product Detail

Industrial Uses

Athletic wear, stretch pants, skinny jeans, socks, swimsuits, motion capture suits.

Synonyms

polyurethane fibers, Lycra, elastane

Supplier Database

Hyosung, DuPont de Nemours, Inc., TK Chemical Corp., Taekwang Industrial Co. Ltd.

Regional Coverage

Asia Pacific

China, India, Indonesia, Pakistan, Bangladesh, Japan, Philippines, Vietnam, Iran, Thailand, South Korea, Iraq, Saudi Arabia, Malaysia, Nepal, Taiwan, Sri Lanka, UAE, Israel, Hongkong, Singapore, Oman, Kuwait, Qatar, Australia, and New Zealand

Europe

Germany, France, United Kingdom, Italy,Spain, Russia, Turkey, Netherlands, Poland, Sweden, Belgium, Austria, Ireland Switzerland, Norway, Denmark, Romania, Finland, Czech Republic, Portugal and Greece

North America

United States and Canada

Latin America

Brazil, Mexico, Argentina, Columbia, Chile, Ecuador, and Peru

Africa

South Africa, Nigeria, Egypt, Algeria, Morocco

CurrencyUS$ (Data can also be provided in local currency)

Supplier Database AvailabilityYes

Customization ScopeThe report can be customized as per the requirements of the customer

Post-Sale Analyst Support360-degree analyst support after report delivery

Note: Our supplier search experts can assist your procurement teams in compiling and validating a list of suppliers indicating they have products, services, and capabilities that meet your company's needs.

Spandex Production Processes

In spandex production, firstly, Monomer units are formed by mixing macro glycol with di-isocyanate, giving a prepolymer which is then reacted with di amine, followed by its dilution with a solvent to produce a spinning solution, which is then passed through spinnerets to give solid fibres which are then bundled and twisted to form spandex which is finally treated with finishing textile chemicals.

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