Indonesia's synthetic fiber production slumped in the first half of the year

In the first half of this year, Indonesia's production of synthetic and polyester fibers (short polyester fibers) was down compared with 275,000 tons in the first half of 2012. The depressed economic conditions in Europe and the United States are the main reasons for the sluggish production of synthetic fibres in Indonesia. Europe and the United States are the major export destinations for synthetic fibers in Indonesia. The Secretary-General of Indonesia Synthetic Fiber Producers Association (APSYFI), Verawasta, mentioned that in the first half of this year, demand from the United States increased, but there was no significant improvement, only a 1% increase, while demand from Europe declined. 20%-30%. In the first half of 2013, the production of synthetic fibers from China remained dominant, and last year's inventory was exhausted. As a result, domestic production was affected. Vera Vista said.

Verawatts is still optimistic about Indonesia's increase in polyester fiber production in the second half of this year. He believes that output in the second half of this year will increase to 325,000 tons, resulting in a total output of 600,000 tons this year. This annual production figure is only more than 556,000 tons of the target output for the whole year.

Vera Vista believes that in the second half of 2013, domestic polyester fiber consumption can achieve this year's target. This year, domestic polyester fiber demand still reached 6.6 kg per capita, compared with 6.3 kg last year.

Rising fuel prices and rising wages can curb the purchasing power of domestic textile products. However, the government can reduce the impact of record-high fuel price increases, protect the textile and textile products industry, and avoid the invasion of Chinese products.