Export of polyester filament fabric mounts up in May

04 Jul '08

2 min read

According to customs statistics, total exports of polyester filament fabrics in May 2008 reached 553.02 million meters, 23.96 million meters or 4.53 percent higher than April. This showcases a yearly increase of 17.53 percent.

The average price of May export of polyester filament fabrics was nearly US $0.85 per meter which is same when compared to previous month. However, a slight rise of 9.10 percent from the corresponding time of 2007.

In the first five months, total exports of polyester filament fabrics registered 2.335 billion meters, representing a significant hike of 16.07 percent over the same period last year. The average export price was around $0.83 per meter, an increase of 8.46 percent on year.

Even the imports of polyester filament fabric in May touched 70.22 million meters, a growth of 3.23 million meters or 4.82 percent from the previous month. However, experienced a drop of 18.73 percent, when compared to same period of 2007.

The average price of May imports was $1.48 per meter, 1.89 percent higher than April, boosting 29.03 percent yearly.

From January to May, total imports of polyester filament fabrics reached 286.88 million meters, a year-on-year drop of 19.13 percent. The average import price was approximately $1.41 per meter, up 27.56 percent over the same time of 2007.

Fibre2fashion News Desk - China

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