Imports arriving at EU ports for the year to 25 January are still quite low by comparison given transportation times but should start to speed up in the coming weeks as licence use in China climbs higher . Category 20 (Bed linen) has already used 11 per cent of its allocated export licences for the year with categories such as brassieres (31) and t-shirts (4) already closing in on 10 per cent .Flax yarns (Category 115) have used up 9.6 per cent of export licences but only 0.01 per cent has so far arrived in Europe . This is an early warning sign to importers and Chinese authorities who will need to manage a balanced output for the year if they are to avoid early embargoes.If embargoes are avoided, it will be because the rhythm of exports has slowed down . Source: http://www.emergingtextiles.com.
Date:1/26/2006
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