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Home / Knowledge / News / Textiles / July observes decline in imports of polyester chip
July observes decline in imports of polyester chip
19
Aug '08
According to Customs Statistics, total imports of polyester chip reached nearly 25,197 tons in July 2008. This showcases a decline of 1,153 tons or 4.38 percent from June, and less 3.96 percent when compared to July 2007.

Import value in the seventh month touched almost US $36,933, a slight rise of 0.11 percent from the previous month and an increase of 11.08 percent year-on-year. The average price of July imports was around $1,466 per ton, a hike of $66 or 4.77 percent from the previous month. This also marks a considerable increase of 11.08 percent from the same time of 2007.

From January to July this year, China's total imports of polyester chip came around 129,979 tons, representing a significant drop of almost 27.39 percent when compared to first seven months of 2007.

The import value during this period amounted to approximately $1.846 billion, a year-on-year decline of 15.41 percent. The average price of imports was nearly $1,421 per ton, rising 16.49 percent when compared to previous year.

Fibre2fashion News Desk - China


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