Polyester staple fiber: exports to Pakistan surge



According to the latest customs import and export data, my country imported 20,700 tons of polyester shorts in March 2021, an increase of 8,400 from the previous month and an incre…

According to the latest customs import and export data, my country imported 20,700 tons of polyester shorts in March 2021, an increase of 8,400 from the previous month and an increase of 5,100 from the same period last year. The average price was US$1,054/ton, a decrease of US$63 from the previous month and US$2 from the same period last year. . The exported polyester short product was 106,700 tons, an increase of 31,400 US dollars month-on-month and an increase of 7,500 US dollars year-on-year. The average price was US$981/ton, an increase of US$76 month-on-month and US$40 year-on-year. From January to March this year, cumulative imports were 51,600 tons, an increase of 10,700 tons year-on-year, and the average import price was US$1,059/ton, a year-on-year decrease of US$35/ton; cumulative exports were 267,800 tons, an increase of 58,700 tons year-on-year, and the average export price was US$932. / ton, down 8 US dollars / ton year-on-year.

Data shows that the import and export of polyester staple fiber have increased a lot, and the overall export situation is good. Market participants also It reflects that overall exports have been relatively good in the near future, so the export data in April will also perform well.

From the perspective of exporting countries, the changes are relatively large. Comparing the exports in the first quarter of 2021 to the first quarter of 2018 According to the data, Indonesia and the United States have significantly reduced their proportions, while Pakistan and Vietnam have significantly increased their proportions. The biggest change has been in Pakistan, which has increased from 7% to 15%.

Looking at the specific data volume of polyester staple fiber exports to Pakistan, we can more clearly see that polyester staple fiber exports There has been a significant surge in volume in Pakistan. Pakistan also announced that local textile and clothing exports have also seen significant growth. In the first half of the 2020-21 fiscal year, home textile exports increased by 16% year-on-year to US$2.017 billion, ready-made garment exports increased by 25% to US$1.181 billion, and canvas exports increased by 16% year-on-year. 57%, reaching US$62 million, both reaching high levels in recent years, and order growth mainly comes from Europe, North America and other regions.

The main reasons may be the following factors:

1. Relations between China and Europe and the United States are tense, and some orders have been transferred to Southeast Asian countries, including Pakistan. Also benefit

2. The Pakistani government’s reduction of electricity and natural gas prices, and the suspension of financial reforms by the International Monetary Fund (IMF) have also improved the overall production and export situation of Pakistan’s local textile industry.

3. The continuation of the epidemic in India and other countries has led to the transfer of some orders to neighboring countries. </p

This article is from the Internet, does not represent 【www.pctextile.com】 position, reproduced please specify the source.https://www.pctextile.com/archives/8779

Author: clsrich

 
TOP
Home
News
Product
Application
Search