China's PSF imports from Southeast Asia and Africa in Jan-Jul, 2020 –
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China's PSF imports from Southeast Asia and Africa in Jan-Jul, 2020

2020-09-16 09:56:28 CCFGroup

According to China customs, in Jul 2020, China's uncombed polyester staple fiber exports were 71,100 tons, a year-on-year decrease of 27.8%, and a month-on-month increase of 46.1%, and imports were 14,400 tons, a year-on-year decrease of 35.2% and a decrease of 17.4% from Jun.

It was heard that exports in Aug are supposed to be better than that in Jul, and some HC re-PSF plants with a capacity of 30-50kta export more than 1,000 tons. Besides, export orders in Sep are also heard to be moderate. Currently, the export price of HC re-PSF has risen from $850/mt to $880/mt, FOB.

HS code 55032000 is synthetic staple fibers, of polyesters, not carded, including virgin PSF and recycled PSF. And the imports from Southeast Asia and African are mainly the recycled PSF. The following are the changes in recent years.

In the import origins of PSF, Myanmar appeared in 2017, and the overall imports were not much. In 2019, one HC re-PSF production line in Hangzhou was moved to Myanmar. In Jan-Jul, 2020, imports reached 671 tons. There were no imports in Mar, May and Jul. Imports from Myanmar have reduced sharply this year, and in 2019, imports totaled 4,822 tons.

Vietnam started to exert force in 2018. In 2017, imports were only a few hundred tons. Following the solid waste ban, domestic plants moved to foreign countries gradually. Vietnam has gathered solid re-PSF and a few ES plants. Imports in 2018 soared to 13,113 tons and reached 19,196 tons in 2019. In Jan-Jul, 2020, imports reached 9,904 tons.

The imports from Thailand has tripled in 2019 compared to 2016, to 45,000 tons. The local re-PSF capacity is about 250kta, and the competition focuses on HC re-PSF. From Jan to Jul 2020, 28,184 tons were imported, with an average monthly import of 4,000 tons.

Imports from Southeast Asia were 23,749 tons in 2016, 29,228 tons in 2017, 43,374 tons in 2018, 98,390 tons in 2019, and 50,078 tons in Jan-Jul 2020.

The African market has also gradually risen in recent years. Especially in 2018-2019, some domestic production lines have also been transferred to Africa. Shandong Shenrunfa transfers its 17kt/year capacity to Nigeria, Guangdong Junfu’s 40kt/year capacity to Nigeria and Guangdong Sanlong’s 20kt/year to South Africa. No PSF has been imported from Tanzania and Egypt this year. The table below shows imports from Africa.

China's PSF imports from Africa (incl. virgin PSF and re-PSF)
Unit: tons 2016 2017 2018 2019 Jan-Jul, 2020
South Afria 0 230 24 5586 3433
Nigeria 0 0 0 5667 5890
Tanzania 0 0 0 643 0
Egypt 0 0 102 39 0
Ethiopia 0 0 0 0 98
Total 0 230 126 11935 9421

In 2020, the import origins from Africa include Ethiopia. In Jun, the import volumes were 98 tons from Ethiopia. Imports from South Africa increased sharply in July, reaching 1,114 tons, and imports from Nigeria were 564 tons.