my country’s yarn exports fell by .%
According to China Customs statistics, the national yarn import and export volume in January 2012 was 340,000 tons, a year-on-year decrease of 28.4%, and the import and export volume was US$1.19 billion, a year-on-year decrease of 30%. Among them, the export quantity was 226,000 tons, a year-on-year decrease of 26.8%; the export value was US$790 million, a year-on-year decrease of 26.9%; the average export unit price was US$3.51/kg, a year-on-year decrease of 0.1%. The import quantity was 113,500 tons, a decrease of 31.2%; the import value was US$390 million, a year-on-year decrease of 35.6%.
The export quantity and amount decreased across the board, and the unit price rebounded month-on-month. Affected by the Spring Festival holiday, yarn export quantity and export value fell by about the same amount in January, at about 26%; the export unit price dropped from US$3.42/kg in December last year to US$3.51/kg this month, a month-on-month increase of 2.6%.
All yarn varieties were affected in January, showing varying degrees of decline. The export quantities of cotton yarn and wool animal hair yarn fell by 39.4% and 39.3%, and the export quantities of chemical fiber yarn and silk thread dropped by 27.5% and 11%. .
ASEAN has become an export highlight, with exports to North America increasing slightly. In January 2012, Asia was still the main market for China’s yarn exports, but both the export quantity and value dropped by 30%. The export value to Hong Kong, China, dropped by 43.2%. The export values of South Korea, Turkey and India dropped by 34.4%, 20% and 20% respectively. 45.2%. Only the export volume to ASEAN increased by 3.7%, reaching 27,000 tons. Affected by the unit price of yarn export, the export value was US$98 million, a decrease of 2.5%. Exports to Vietnam, Thailand and Cambodia were US$40 million, US$13 million and US$5 million, a year-on-year increase of 9.7%, 13.7% and 14.5%.
Both the quantity and value of yarn exports to North America increased, with exports of 21,000 tons and US$13 million, an increase of 0.5% and 1.1%. The unit price of exports to the EU fell sharply, with the 11.6% drop dragging down the export volume. The export volume was 30,000 tons, down 6.5%, and the export value was US$92 million, down 17%.
Export prices of cotton yarn and silk thread fell. Among the main export products, the export price of cotton yarn was 4.9 US dollars/kg, down 7.8% year-on-year, silk thread was 28.87 US dollars/kg, down 15.8%, and the export unit price of chemical fiber yarn and wool animal hair yarn was 3.4 US dollars/kg and 29.2 US dollars/kg. Increases of 7.3% and 12.8% respectively.
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