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Imports of PSF fabrics shrink in Feb
01
Apr '08
In the month of February, Chinese import of PSF made fabrics continued to reduce, plunged to 15.18 million meters, showing a drop of 61,300 meters or 28.75 percent from the previous month. The figures represented a decline of 12.90 percent compared to the corresponding period of last year.

February import price marked US $1.50 for per meter, up 8.35 percent from the previous month and 22.32 percent from the similar period last year, according to the latest customs statistics.

In total, China imported around 36.5 million meters of PSF fabrics in the first two months, registering a fall of 20.63 percent from the similar period last year. Average import price was $1.45 per meter, year-on-year increase of 16.94 percent.

On the other hand, country's exports of fabrics made of PSF in the month of February reached 146.13 million meters, 33.84 percent less than the previous month. The figures show a down fall of 20.24 percent. Average export price was $0.65 per meter, an increase of 12.83 percent from the corresponding period previous year.

China's total exports of PSF fabrics in January and February touched 367.01 million meters, up 3.77 percent, with average export price at $0.65 per meter, representing an increase of 11.54 percent over the same period last year.

Fibre2fashion News Desk - China

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