Polyester Yarn export surged during July 2009 after continuous declines for past several months. During the month, over 2.89 million kgs of polyester spun yarn was exported worth US$7.09 million. This was 32% higher than last year in terms of volume and 11% in terms of value. However, unit value realization was taking a beating falling 16% over last year.

Polyester exports found 14 new destinations importing US$0.72 million worth in July. Of the new destinations Mexico, Nigeria and Colombia were the major ones. This month 11 destina-tions were lost, of which Romania, Iran and Japan were the Elite destinations for polyester yarn. They had imported 260,000 kgs of polyester yarn worth US$1.10 million. The other lost destinations were Algeria, Poland, Bulgaria, Taiwan, Uruguay, Czech Republic, Canada and New Zealand.