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Insight | Time: Jun 23 2022 2:00PM  Editor:Cathy Jiao
May 2022 China polyester yarn exports jump
 
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Polyester yarn

1) Export

China polyester yarn exports in May amounted to 52kt, up 56.9% on the year and 29.6% on the month. Among the total, polyester single yarn took up 27kt, up 135% on the year; polyester ply yarn 15kt, up 21.5% on the year and polyester sewing thread 11kt, up 9% on the year. 


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Polyester single yarn shared much more in total polyester yarn export to 52% with an increase of 8% from that in Apr, while the shares of polyester ply yarn decreased by 4-5%.


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Polyester single yarn was mainly exported to Middle East and Southeast Asia. The export volume to Jordan climbed up to 8%. Among major exporters, Fujian accounted for nearly a half, followed by Jiangsu and Zhejiang. Polyester ply yarn was mainly to South Asia and Southeast Asia, and the major exporter was Hubei which shared 8% more from that in Apr, followed by Zhejiang and Jiangxi.


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2) Import

China polyester yarn imports totaled 242mt, down 45.7% on the year, and up 24.3% on the month.


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Polyester/cotton yarn

In May 2022, China polyester/cotton yarn exports reached 3,991mt, up 61.8% on the year and 30.9% on the month. The imports totaled 546mt, down 7.3% on the year and 10.6% on the month.


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In conclusion, May exports of polyester yarn and polyester/cotton yarn was just less than Jan ones, and both y-o-y and m-o-m increases of them improved largely. Compared with bearish sales in China, the exports is outstanding.



[RISK DISCLAIMER] All opinions, news, analysis, prices or other information contained on this report is provided by analyst of Zhejiang Huarui Information Consulting Co., Ltd (CCFGroup) as general market commentary and does not constitute investment advice. CCFGroup will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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