Udeesha Tomar
AVP - Strategy and Solutions
Leading procurement research solutions across chemicals, materials, and food & beverages, with expertise in price forecasting and market analytics.
Spandex Price Trend Analysis 2026: Latest News, Market Insights, Historical Prices, Price Drivers & Supply Demand Analysis
Written ByUdeesha Tomar
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.
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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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