The imports of raw materials by China experienced a slip in June after a sudden rise in May 2022, media reported.
The imports of fiber, yarn, and fabrics recorded a plunge similar trend in the previous two months.
According to F2F, Chinese imports of yarn reduced to $474.124 million in June from $597.718 million in May.
Earlier, the import in May was higher than $555.957 million in April 2022.
However, the import had witnessed high fluctuations in previous months also.
Chinese import of fiber was also reduced to $931.913 million in June from $1002.026 million in May where the import was higher in May compared to $834.018 million in April 2022.
Import of fabric by China also plunged to $240.068 million in June from $303.937 million in May 2022 whereas, in May, it was higher than $263.926 million in April 2022.