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China’s polyester yarn exports surge 56.9% in May

  

China’s polyester yarn exports grew 56.9 per cent Y-o-Y and 29.6 per cent M-o-M to 56,000 tons. Amongst the total, exports of polyester single yarn surged to 27,000 tons, registering up 135 per cent Y-o-Y increase while the exports of polyester ply yarn rose 21.5 Y-o-Y to 15,000 tons and exports of polyester sewing thread went up 9 per cent Y-o-Y to 11,000 tons.

As per a CCF Group report, the share of polyester single yarn exports increased to 52 per cent Y-o-Y and 8 per cent M-o-M in total polyester yarn exports from that in Apr, while the shares of polyester ply yarn decreased by 4-5 per cent Exports of polyester single yarn were mainly directed to the Middle East and Southeast Asia. The export volume to Jordan climbed up to 8 per cent. Among major exporters, Fujian accounted for nearly a half, followed by Jiangsu and Zhejiang. Polyester ply yarn was mainly exported to South Asia and Southeast Asia.

In May 2022, China polyester/cotton yarn exports increased 61.9 per cent Y-o-Y and 30.9 per cent M-o-M.to 3,991million tons. Imports totaled 546 million tons, declining 7.3 per cent Y-o-Y and 10.6 per cent M-o-M,

 
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