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COVID-19 disrupting polyester yarn production in China, India
Costs of raw material for polyester have started moderating due to outbreak of novel coronavirus (COVID-19) in China. This is impacting demand and production of polyester yarn in China, and thereby
Global polyester yarn import continues to increase, Global
The global trade of polyester yarn has been growing with a high CAGR (compound annual growth rate) as both import and export of polyester yarn significantly underpinned it, according to data from
MSYG introduces environmentally-friendly polyester yarns, United States Of America
Meridian Specialty Yarn Group (MSYG), a US-based leading specialty yarn and fibre wet processing operation company, is now offering polyester yarns processed with CiCLO technology, which allows
India imposes anti-dumping duty on Chinese polyester yarn, India
India has imposed anti-dumping duty of up to $528 per tonne on a Chinese polyester yarn used in automobile and other industries for five years. The move followed a probe into alleged dumping of
Global trade of polyesters high tenacity yarn decline, Global
The global trade of high tenacity polyesters, whether or not textured have shown a dramatic decline in 2019. Total trade decreased 1.88 per cent to $3,274.67 million in 2019 from $3,337.47 million in
Global export of polyester yarn to jump 9.42% in 2022, Global
The global trade of polyester yarn, multiple (folded) or cabled has reported a dramatic fall in the year 2019. The total trade decreased 3.13 per cent from $714.09 million in 2017 to $691.77 million
Pakistan’s PHMEA wants end to polyester yarn import duties, Pakistan
The Pakistan Hosiery Manufacturers and Exporters Association (PHMEA) has expressed concern over increasing taxes on the import of polyester yarn, saying the step has directly affected the sportswear
Global polyester yarn exports rising since 2017, Global
The global polyester yarn trade has been rising since 2017. According to data from TexPro, the value of global polyester yarn export was $7.916 billion in 2017, which increased to $9.233 billion in
Raise basic customs duty on polyester yarns to 10%: NITMA, India
The Northern India Textile Mills' Association recently urged the government to raise the basic customs duty on polyester yarns from 5 per cent to 10 per cent and modify the free trade agreements with
India initiates probe into polyester yarn from 4 nations, India
India has initiated anti-dumping investigation concerning imports of polyester yarn (polyester spun yarn) from China, Indonesia, Nepal and Vietnam. The probe has been launched following a joint
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