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MOIT releases import prices of fibres & fabrics
14
Feb '08
The latest statistical report from Ministry of Industry and Textile (MOIT) shows details of import prices of some fabric types in week from January 10 to 19.

The price of (60 percent cotton and 40 percent modal) blended fabric quoted at Taiwan stood at US $1.2 per meter and import rates from Singapore was $1.39 per meter and $1.68 per meter at Korea.

The 100 percent cotton K56-58 fabric purchased from China at very competitive price at US$0.84 per meter, while at Hong Kong the rates were quoted at $1.21 per meter (CIF).

In the same line, the price of 97 percent cotton and 3 percent lycra fabric sourced from Hong Kong was $1.17 per meter, while sourced from China at $2.27 (CIF) per meter.

The 100 percent polyester K58/60 fabric obtained from Thailand at a price of $1.15 per yard, and at $1.44 per yard (CIF), from Taiwan.

The powernet fabric sourced from Hong Kong stood at $3.83 per meter, while the price quoted from Japan was US$5.96 per meter (FOB).

On the other hand, import price of mixed polyester fibre in the period from January 10 to 19 saw a slight rise compared to previous week, which stood at $1.03- 1.67 per kilogram.

Mixed polyester fibre sourced from Thailand was quoted $1.32 per kg, up by 0.6 percent over earlier week and up 4.1 percent in comparison with same period of October 2007.

The price quotations at Taiwan saw a rebound, in this time period, after soft decline in the previous week, at $1.3 per kg, rose by 26.1 percent against same period of October 2007.

The price from Malaysia also saw 7 percent boost in comparison with previous week, quoted at $1.67 per kg.

Fibre2fashion News Desk - Vietnam

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