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China’s polyester fiber exports decline 9.4%

  

According to the China customs, in Oct 2020, China's uncombed polyester staple fiber exports decreased by 9.4 per cent year-on-year and 3.9 per centa month-on-month to 74,300 tons.

As per CCF Group, the country’s exports have increased in July, August and September for three consecutive months, and in October, the exports also maintained above 70kt. Currently, the delivery of foreign orders is drawing to a close. In Hangzhou, export offers of siliconized HC re-PSF are at $920-930/mt recently, FOB. However, affected by volatile exchange rate, some previous orders that are concluded see deficits, especially in Guangdong market. Product inventory in plants is relatively low, so some plants control the foreign orders.

In addition, the medium-grade re-PSF from Southeast Asia is offered at 5,000yuan/mt, after-tax ex-works, and its quality is close to that from Jiangyin and Wujiang district. The color is little white, and strength is ordinary. In Jiangsu, 3D siliconized HC virgin PSF from Southeast Asia is sold at 6,300yuan/mt, after-tax.

HS code 55032000 is synthetic staple fibers, of polyesters, not carded, including virgin PSF and recycled PSF.And the imports from Southeast Asia and African are mainly the recycled PSF. The following are the changes in recent years.

 
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