Asahi Kasei will build a plant in Taiwan to process Sunfort photoresist film for semiconductor package substrates, increasing local capacity by 40%. The expansion aims to meet surging AI chip demand, which will ease supply constraints and likely stabilize prices for the material.
Asahi Kasei built a new slitting facility for SUNFORT dry film photoresist at its Tainan site, boosting capacity by 40% and supporting AI-driven semiconductor packaging demand. The expansion ensures localized supply stability, potentially tempering price increases in a tight market.
| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Spandex | China | FOB | USD 4,387.36/MT | May 2026 |
| Spandex | India | CIF | USD 4,454.34/MT | May 2026 |
| Spandex | USA | CIF | USD 4,506.19/MT | May 2026 |
| Spandex | Brazil | CIF | USD 4,519.00/MT | May 2026 |
| Spandex | Canada | CIF | USD 4,506.19/MT | May 2026 |
| 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 |
Stay updated with the latest Spandex prices, historical data, and tailored regional analysis
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.
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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.
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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