聚酯链进出口数据汇总（1、2月）：PTA、聚酯出口实现开门红

Report Summary 1. Investment Rating No investment rating for the industry is provided in the report. 2. Core View In January and February 2025, the import and export data of the polyester chain showed differentiation. PTA and polyester exports had a good start, with cumulative exports increasing by 14.9% and 16.9% year - on - year respectively. On the import side, PX imports shrank, with a 16.4% year - on - year decline in cumulative imports from January to February, while ethylene glycol imports exceeded expectations, with a 37.5% increase in cumulative imports. After the "rush to export" in the textile and clothing market ended, the export scale contracted [2]. 3. Summary by Related Catalogs PX Import - PX imports contracted, with cumulative imports from January to February down 16.4% year - on - year. In January, China imported 70.9 tons of PX, a single - month year - on - year decrease of 18.3%, and in February, it imported 68.6 tons, a year - on - year decrease of 14.4%. From the perspective of import sources, Brunei surpassed Taiwan, China to become one of the top three import sources [6][9]. PTA Export - PTA exports in February increased significantly both month - on - month and year - on - year, and cumulative exports in the first two months grew steadily. In January and February, PTA exports were 27.2 and 38.3 tons respectively, with a year - on - year decrease of 22.3% in January and an increase of 74% in February. Cumulative exports from January to February 2025 were 65.5 tons, a year - on - year increase of 14.9%. The top five export destinations from January to February were Oman, Vietnam, Egypt, Pakistan, and Turkey. The top five export provinces were Jiangsu, Fujian, Shandong, Liaoning, and Guangdong [3]. EG Import - EG imports exceeded expectations and increased significantly, with cumulative imports from January to February up 37.5% year - on - year. In January and February, EG imports were 67.7 and 59.4 tons respectively, with year - on - year increases of 33.4% and 42.4%. Saudi Arabia, the United States, and Canada were still the main import sources [6][15]. Polyester Export - Polyester exports continued to perform excellently, with all categories maintaining rapid growth. Cumulative polyester exports from January to February were 210.8 tons, a year - on - year increase of 16.9%. Among them, bottle chips, filaments, staple fibers, polyester films, and slices all had varying degrees of year - on - year growth. The top five export destinations were Vietnam, Indonesia, Pakistan, South Korea, and India. Exports were concentrated in Zhejiang and Jiangsu [4][5]. Textile and Clothing Export - After the "rush to export" ended, textile and clothing exports contracted. Cumulative textile and clothing exports from January to February were $42.88 billion, a year - on - year decrease of 4.9%. In February, textile and clothing exports were poor, dragging down the cumulative export growth rate from January to February [3][36].