Textile Intelligence TextileExcellence
The No.1 Indian Textile Publication
Intelligence Login Market Intelligence Report Contact Home
MyTI Market Intelligence Business Floor Products & Services Trade Resources Corporate

News|Market Intelligence Report|Buy|Sell|Market Development|TextileExcellence



 
Low export pricing could invite anti-dumping action on China
A leading industry association warned on Friday 20th January in Beijing that, the dwindling unit price of Chinese textile exports to the United States and the European Union last year may lead to more anti-dumping measures from the two major markets this...more
by Textile Intelligence
View more news from [ Beijing ] [ China ]
A leading industry association warned on Friday 20th January in Beijing that, the dwindling unit price of Chinese textile exports to the United States and the European Union last year may lead to more anti-dumping measures from the two major markets this year. Figures from Chinese customs show that in the first 11 months of 2005, the country exported 1.29 billion pieces of knit goods worth $3.93 billion to the United States, with average unit price reaching $3.05, down 43.69% year on year. The average unit price of cotton-made knit goods and chemical-fiber knit goods dropped 43.37% and 36.25% year on year during the period. The China Chamber of Commerce for Import and Export of Textiles said the export unit price for tatting apparel, cotton yarn, chemical-fiber yarn and

carpet to the US also dropped. During the period, the average unit price of Chinese cotton yarn and cotton-made knitting clothing to the EU dropped 21.56% and 13.17%. Insiders attribute the slipping unit price to the heated competition among Chinese companies for the limited textile quotas to the US and the EU. In fact, the unit price level of Chinese textile and apparel export to other markets except the US and EU is rising, the Chamber of Commerce said. In 2005, the US and the EU started strict limitations upon the rocketing textile import from China, which was caused by the elimination of global textile quotas at the beginning of the year. The Chinese government held several rounds of talks with the two trade partners, resulting in two agreements in this area that set expectable quotas upon future Chinese textile exports. 



Contact | Corporate | Site Map | Privacy Policy | Terms & Condition | Help
All trademarks, logos and names are properties of their respective owners.
Copyright © 2003 TextileIntelligence.com - Be better informed
Best viewed using IE 5.0 in a 800 x 600 resolution.
Level 2, Gandhi Mansion, Bomanji Master Road, Kalbadevi, Mumbai Pin 400 002 INDIA.
email :Services@TextileIntelligence.com
Powered by 3i