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Chinese yarn imports down, exports up in Jan-March
24
May '12
China's yarn import volume rose while yarn exports fell in the first three months of the current year.

Yarn exports reached 759,000 tons, down 13.1 percent year on year; while value marked US $2.71 billion, down 15.3 percent. Average export price was $3.57 / kg, down 2.54 percent year on year.

Import volume achieved 478,000 tons, an increase of 13.4 percent. Import value stood at $1.68 billion, up 2.8 percent from a year earlier.

In the month of March, yarn exports reached 305,500 tons, down 15.9 percent year on year, but up 34.3 percent from its previous month.

Export value scored $1.13 billion, down 19.4 percent year on year, but a growth of 44.8 percent from the previous month. Export unit price touched $3.71 / kg, down 4.1 percent year on year.

Fibre2fashion News Desk - China

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