Alpek May Beat Reliance as Yarn Supply Chains Are Rewoven — Panjiva
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Alpek May Beat Reliance as Yarn Supply Chains Are Rewoven

China 3048 Cons. Discr. - Apparel 530 India 551 Mexico 928 Tariffs 1866 U.S. 5399

The U.S. Commerce Department has determined that exports of polyester yarn from China and India have been subsidized at rates of up to 460%. The case, brought by Unifi and Nan Ya Plastics, won’t be completed until Oct. 24. So far supply chains have not altered radically. Imports from China fell 8.9% year over year in the three months to Feb. 28 while those from India – including by Reliance Industries – actually increased by 40.5%. There have been signs of a shift to Mexican supplies. The largest exporter of polyester yarn from Mexico in the 12 months to Mar. 31 was Alpek with $54.1 mill...

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