An inevitable "protracted war" for polyester/cotton yarn

Polyester/cotton yarn exports of China reached 2,212mt in Jul, down 23% on the year, and the imports amounted to 1,276mt. The chart below shows the change of polyester/cotton yarn exports during Jan-Jul. It can be seen that the exports increased only in Mar, which was owing to the advanced demand caused by tax reform from Apr, while in other months, the exports shrank to different degrees. Export environment for Chinese polyester/cotton yarn is deteriorating. The continual startups of spinning capacities in Southeast Asia also weaken the competition advantage of Chinese polyester/cotton yarn and affect the export directly.