China's increasing exports of fiber



   Mainly due to the recent investment in filament industry in Zhijiang and Jiangsu provinces, China experienced a substantial rise in capacities. As a result, China has increased its export of polyester filament fabrics. China is preferred as a fabrics supplier because of the big volumes it can deliver ass well as for the low prices it can offer. In the first four months of this year China's export sales increased even by 100% for certain destinations. The export was not only increased in the European countries but also in Asia. For instance, its exports in Hong Kong surged by 56%, in Malaysia by 102%, in Singapore by 86% and in the United Arab Emirates by 87%. Due to the fact that the United Arab Emirates are re-exporting the Chinese products to the surrounding countries, China's direct export for India (for instanced) was increased only by 2%in the first four months of this year. From January to April China's export of polyester filament fabrics surged with more than 62% which means that they exported around 708.000 tones.