Price for Filament Yarn Of Cellulose Acetate, Including Monofilament Of Less Than 67 Decitex, Single (Excluding Sewing Thread And High-Tenacity Yarn) in China

China Filament Yarn Of Cellulose Acetate, Including Monofilament Of Less Than 67 Decitex, Single (Excluding Sewing Thread And High-Tenacity Yarn) Import Price in September 2022

In September 2022, the filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) price amounted to $6,608 per ton (CIF, China), picking up by 8.6% against the previous month. Over the period from January 2022 to September 2022, it increased at an average monthly rate of +2.2%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($13.4 per kg), while the price for the United States ($5,528 per ton) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

China Filament Yarn Of Cellulose Acetate, Including Monofilament Of Less Than 67 Decitex, Single (Excluding Sewing Thread And High-Tenacity Yarn) Imports

In September 2022, imports of filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) into China contracted remarkably to 579 tons, with a decrease of -54% compared with the previous month. In general, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in April 2022 when imports increased by 81% against the previous month. As a result, imports reached the peak of 1.7K tons. From May 2022 to September 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) declined rapidly to $3.8M (IndexBox estimates) in September 2022. Over the period under review, imports showed a deep downturn. The pace of growth appeared the most rapid in April 2022 when imports increased by 82% month-to-month. As a result, imports reached the peak of $9.5M. From May 2022 to September 2022, the growth of imports of remained at a lower figure.

China Filament Yarn Of Cellulose Acetate, Including Monofilament Of Less Than 67 Decitex, Single (Excluding Sewing Thread And High-Tenacity Yarn) Imports by Country

In September 2022, Germany (450 tons) constituted the largest supplier of filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) to China, with a 78% share of total imports. Moreover, imports of filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) from Germany exceeded the figures recorded by the second-largest supplier, the United States (50 tons), ninefold. Poland (41 tons) ranked third in terms of total imports with a 7% share.

From January 2022 to September 2022, the average monthly rate of growth in terms of volume from Germany totaled +3.6%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (-27.4% per month) and Poland (+10.3% per month).

In value terms, Germany ($2.9M) constituted the largest supplier of filament yarn of cellulose acetate, including monofilament of less than 67 decitex, single (excluding sewing thread and high-tenacity yarn) to China, comprising 77% of total imports. The second position in the ranking was taken by the United States ($275K), with a 7.2% share of total imports. It was followed by Japan, with a 6.4% share.

From January 2022 to September 2022, the average monthly growth rate of value from Germany amounted to +4.9%. The remaining supplying countries recorded the following average monthly rates of imports growth: the United States (-26.9% per month) and Japan (+0.2% per month).

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