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Fibre imports turnover upbeat in January

22
Mar '08

A report released by General Department of Customs shows that in the first month of 2008, Vietnamese textile and apparel industry imported around 37,6000 tons of fibre worth US $39.1 million for local production.

The figures depict a growth of 8.8 and 23.1 percent respectively, in terms of volume and value against similar period last year.

During the month, Taiwan remained the biggest supplier of the fibres, followed by China and Thailand.

Taiwanese suppliers shipped 17,200 tons to Vietnam for $29.7 million, up by 11.7 and 23.3 percent respectively over corresponding period 2007.

Fibre sourced from China came up to 4,800 tons, totaled $9.6 million, down 5.7 percent in volume, but a growth of 7.2 percent can be observed in terms of value compared to December 2007. The reason behind such increase can be attributed to rise in prices during this period.

Standing at the third place, Thailand shipped 5,700 tons, worth $9.6 million, showing a year–on–year rise 7.4 and 18.2 percent.

In the month of January, import prices of fibre ranged from $1,687 to $2,744 per ton, demonstrated a surge by 13.2 percent against same period 2007.

Fibre2fashion News Desk - Vietnam

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