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Chemical & acrylic fibre production decreases in July
29
Sep '08
According to available statistics, the chemical fibre production of China reached nearly 499,146 tons in July 2008. This shows a reduction of almost 6594 tons or 1.30 percent in comparison to the previous month, however, a year-on-year increase of around 954 tons or 0.19 percent.

The sales in the month of July were nearly 504,584 tons, boosting 10,651 tons or 2.16 percent from the previous month, showcasing an annual rise of 11,971 tons or 2.43 percent.

The inventories in the seventh month were nearly 270,247 tons, observing a decline of almost 7074 tons or 2.55 percent from when compared to June. However, the figures showcase a year-on-year hike of around 92,259 tons or 51.83 percent respectively.

The production and marketing rate was approximately 101.09 percent, up 3.42 percentage points over the previous month, witnessing a yearly rise of 2.31 percentage points.

Inventory level was around 54.14 percent, observing a drop of 0.69 percentage points when compared to June, however there is an annual growth of 18.41 percent.

During this period, national chemical fibre sales were concentrated in Jiangsu and Zhejiang Provinces.

In the same month China's acrylic fibre production reached approximately 35,671 tons in, boosting 1164 tons or 3.37 percent when compared to previous month. However, a year-on-year reduction of 13,684 tons or 27.73 percent was also observed.

The sales in July touched 36,748 tons, declining 0.52 percent from June and 8,000 tons or 17.88 percent lower than the same period of 2007.

The stocks were almost 22,957 tons, down about 1077 tons or 4.48 percent from the previous month, this also marks a yearly reduction of 5953 tons or 20.59 percent.

Production and marketing rate was 103.02 percent, 4.03 percentage points below June, however, up 12.35 points from the same time of last year.

Inventory level was around 64.36 percent, 5.29 percentage points lower than previous month, however, rising 5.78 percentage points when compared to July 2007.

The national acrylic fibre sales were mainly observed in Jiangsu, Zhejiang and Shandong Provinces.

Fibre2fashion News Desk - China

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