Home / Knowledge / News / Textiles / Polyester goods to benefit from China-Taiwan FTA
Polyester goods to benefit from China-Taiwan FTA
Jan '11
Exports of 136 textiles from Taiwan to the mainland will enjoy low tariff concessions after the ECFA is formally implemented. Taiwan's industry says that tariff reduction for bulk exports of Taiwan's polyester fabrics will increase Taiwan's competitiveness.

According to reports, the early harvest list of ECFA contains a total of 136 textile products, in which the tariff on polyester yarn has declined to zero percent; the rate on fabrics products has declined to five percent. With very low tariffs, the sustainable development of Taiwan's advanced new materials and functional textiles will have opportunity to enter mainland's domestic market.

Taiwan industry points out that polyester filament were mainly sold in domestic market in the past, so in the short term, its direct benefits from the early harvest list is limited, the main focus will be bulk exports of downstream fabric products.

Among them, polyester fabrics will be one of the benefited products, tariff reduction will enhance the competitiveness of these products and increase demand of polyester filament products, when downstream fabric factories continue to expand markets.

International market estimates indicate that, cotton production will exceed demand in 2011 and 2012, but cotton supply and demand is still tight in the short term. The average price of cotton per pound (1 pound = 0.45 kg) is estimated to be above 110 cents in 2011.

So at a time when cotton prices will stay high, downstream factories are expected to increase usage of polyester products, which will directly benefit the polyester sector in Taiwan.

Fibre2fashion News Desk

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Victor Chao

‘In future, clothing boundary lines will become increasingly blurred.’

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Nuno Venda

‘There has been an increase in demand for water based inks, rather than...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mark Paterson
Technical Absorbents Ltd

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

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search