Asian Non Woven Fabric Market Trends and Outlook - June 2024

In June 2024, the Asian Non Woven Fabric market displayed price stability overall, with steady monthly prices amid mixed weekly fluctuations. Early in the month, prices in China rose by 1.1% due to higher production costs driven by increased polypropylene prices and escalated ocean freight charges. However, subdued domestic demand and supply constraints limited further price increases. Later in June, prices experienced a slight downturn of about 1% as demand from downstream sectors weakened.

Production data indicated a robust year-on-year increase in Non Woven Fabric output, supported by growing consumption in sectors like automobiles. Despite challenges in export markets, Non Woven Fabric exports showed resilience with positive growth in volume and value, contrasting with a slight decline in sanitary product exports.

Looking ahead, analysts expect Non Woven Fabric prices in the Asian market to potentially decrease in early July due to limited feedstock support and subdued demand conditions.

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