Vietnam became official member last week, making it the 150th country to join WTO. Vietnam's clothing exports saw quantum jump in last 5 years, increasing by 21% per annum. In 2005, it was US$4.8 bln accounting for 1.7% of World's clothing exports.
Polyester Filament Yarn
PFY prices inched up 2-5 cents in Malaysia/Indonesia in the week of 12 January, despite the fall in upstream raw material prices.
Prices in other markets continued to remain stable, rolling over previous week’s numbers
POY sentiments were low in China and sales was reportedly bearish in Shengze and Changshu markets.
Polyester Filament Yarn
