Home / Knowledge / News / Textiles / Exports of polyester chips plunges in May
Exports of polyester chips plunges in May
30
Jun '08
Customs statistics show that China exported 95,502 tons of polyester chips in May 2008, recording a plunge of 8,338 tons or 8.03 percent from April. However, this also represents a year-on-year increase of 8.87 percent.

Of these exports of PET registered 83,489 tons, 5.79 percent less than April, but 36.46 percent higher than the same time last year. Export of other polyester chips reached 12,013 tons, 21.08 percent down from that in April, and 54.74 percent lower than the same time last year.

Average export price of polyester chip in May stood within the range of US $1,406 per ton, up 2.69 percent from the previous month, and registering a rise of 14.96 percent from the same period last year.

Of these, the average price of PET bottle exports was at $1,400 per ton, up 3.46 percent from the previous month. This also represented a 14.67 percent year-on-year growth.

Average export price of other polyester chips ranged around $1,445 per ton, down 1.02 percent from April, but up 17.75 percent from the same time last year.

From January to May, China's total exports of polyester chips reached 445,394 tons, a growth of 7.58 percent over the same period last year.

Of these, export of high-viscosity polyester chips touched 378,609 tons, a year-on-year increase of 36.99 percent, while exports of other polyester chips marked 66,785 tons, with a slide of 51.48 percent compared to 2007.

During the first five months, the average export price of polyester chips was at $1,365 per ton, a year-on-year rise of 13.81 percent. Among all, export price of high-viscosity polyester chips stood around $1,351 per ton, a year-on-year growth of 12.75 percent.

From January to May, the average export price of polyester chips was at US $1,365 per ton, a year-on-year increase of 13.81 percent; of which, export price of high-viscosity polyester chips was at US $1,351 per ton, a year-on-year growth of 12.75 percent.

Fibre2fashion News Desk - China


Must ReadView All

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search