| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Spandex | China | FOB | USD 4,387.04/MT | August 2026 |
| Spandex | India | CIF | USD 4,478.00/MT | August 2026 |
| Spandex | USA | CIF | USD 4,543.00/MT | August 2026 |
| Spandex | Brazil | CIF | USD 4,529.00/MT | August 2026 |
| Spandex | Canada | CIF | USD 4,587.00/MT | August 2026 |
| Spandex | China | FOB | USD 4,369.30/MT | July 2026 |
| Spandex | India | CIF | USD 4,476.00/MT | July 2026 |
| Spandex | USA | CIF | USD 4,556.00/MT | July 2026 |
| Spandex | Brazil | CIF | USD 4,541.00/MT | July 2026 |
| Spandex | Canada | CIF | USD 4,569.00/MT | July 2026 |
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In China, the average price of Spandex edged up from ~USD 4,369.30/MT (FOB) in July to ~USD 4,387.04/MT in August, a marginal increase of ~0.4%. India remained virtually unchanged, with average prices at ~USD 4,476.00/MT (CIF) in July and ~USD 4,478.00/MT in August. Prices stayed high after a strong first-half rally, supported by a structurally leaner industry. Feedstock costs also provided firm support, as PTMEG and BDO strengthened and pure MDI rose slightly, while a large MDI plant stayed shut for maintenance from mid-August to late September. Export demand gave some early support, with China’s June textile and apparel exports rising from a year earlier. However, prices eased slightly in September as the traditional peak season underperformed. Knitting mills raised operations only modestly, autumn and winter orders were small and short-term, and buyers purchased only as needed.
Analyst Insight
According to Procurement Resource, in the near term, spandex prices are likely to hold within a narrow range, as cost support and disciplined supply balance soft downstream demand.
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In China, Spandex prices moved higher during Q2'26, rising from ~USD 4,032.03/MT in April to ~USD 4,404.00/MT in June. The strongest momentum occurred in April as high feedstock costs, low producer inventories, seasonal textile restocking, and concentrated supplier capacity supported offers. Market conditions became more balanced during May as spandex plants maintained high operating rates while weaving demand softened after the traditional peak season. However, China’s January-May clothing, footwear, and textile retail sales increased around 7.2% year on year, providing an underlying demand floor. India recorded a stronger upward shift, with prices advancing from ~USD 4,082.02/MT to around USD 4,492.00/MT during Q2'26. Regional feedstock and replacement costs supported the increase. In the United States, Spandex reached ~USD 4,559.00/MT by June, compared with ~USD 4,119.02/MT in the first month, reflecting a ~10.7% rise. Higher imported filament costs, freight pressure, and trade-related sourcing uncertainty strengthened landed costs despite softer Asian buying later in the quarter.
Analyst Insight
According to Procurement Resource, spandex conditions are expected to remain firm but balanced, as elevated feedstock costs offset cautious textile procurement and improving supply availability.
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.
Athletic wear, stretch pants, skinny jeans, socks, swimsuits, motion capture suits.
polyurethane fibers, Lycra, elastane
Hyosung, DuPont de Nemours, Inc., TK Chemical Corp., Taekwang Industrial Co. Ltd.
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.
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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