test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Insight | Time: May 14 2019 1:29PM
PIY export to be affected on intensified Sino-US trade conflict
 
Text size
According to the Customs, China polyester industrial yarn (Hs code: 54022000) export volume totaled to around 109,156 mt in Jan-Mar, 2019, down 5.78% year on year. PIY export amounted to 458,256mt in 2018, down by 0.53% on the year.



Exports of major polyester products to US were shown in the below chart:



As for the major export destinations for PIY, US ranked the first in recent five years, with market share at 13% and 25% respectively in Q1 2019 and 2018. Export of PIY to US amounted to 13,778mt in Jan-Mar, 2019, down by 54% on the year. Total PIY export amounted to 460kt in 2018, and export to US possessed 115kt.


However, U.S. Customs and Border Protection has stated officially today that US will raise tariffs on $200 billion worth of Chinese imports from 10 percent to 25 percent from May 10, 2019, and PIY was included in the list; thus, export of PIY is likely to be affected from policy issue if there is no improvement in Sino-US trade talk.

You can find more data about the PIY import and export from Statistics column

Related Articles
Polyester industrial yarn market weekly (Jul 8-12, 2019)
Polyester industrial yarn market weekly (Jul 1-5, 2019)
June polyester industrial yarn market report
Polyester industrial yarn market weekly (Jun 24-28, 2019)
Polyester industrial yarn market weekly (Jun 17-21, 2019)
Polyester industrial yarn market weekly (Jun 10-14, 2019)
Polyester industrial yarn market weekly (Jun 3-6, 2019)
May polyester industrial yarn market report
Polyester industrial yarn market weekly (May 27-31, 2019)
Polyester industrial yarn market weekly (May 20-24, 2019)
 
Research
Operation of China's textile and clothing companies in 2018
Research: Analysis on China methanol industry chain
Rayon yarn market change on vortex-spun yarn operation
Development of nylon downstream sectors
Polyester supply and demand change in 2019 and outlook ...
Polyester and end-user market demand in 2019
 
 

浙公网安备33010902000742号