Chemical fiber inventory was basically at the same level as last year, but the inventories of several major varieties differed greatly. The inventory of acrylic fiber and viscose staple fiber increased, while polyester staple fiber and viscose filament yarn stocks dropped substantially.
While production and sales were both brisk in domestic market, chemical fiber imports still declined faster and exports continued to grow at high speed.
In January-November 2006, total imports of chemical fiber amounted to 1.18 million tons, a decrease of 15.8 percent from the same period of previous year, annual imports were about 128 million tons.
In January-November, imports of general trade were 444,000 tons, accounting for 37.6 percent, declined 22.1 percent; imports of processing trade were 689,000 tons, accounting for 58.3 percent, down 9.4 percent.
From the breakdown of varieties, polyester imported 480,000 tons, fell 17.6 percent, of which polyester staple fiber declined 25 percent.
Acrylic fiber imports were 313,000 tons, a substantial drop of 27.8 percent.
Nylon filament imported 239,000 tons, an increase of 7.7 percent.
From the regional perspective, Chinese Taipei, South Korea, Japan still took the top three spots among suppliers, which accounted for 41.5 percent, 16.2 percent and 14.8 percent of total imports, respectively.
From January-November, total exports of chemical fiber were 951,000 tons, a year-on-year growth of 48.4 percent, with obvious export growth in all the major varieties, and annual exports estimated to exceed one million tons to 105 million tons.
marketing@alchempro.com
