overseas recycled chemical fiber is sold to Europe and U.S. directly

In 2020, China recycled chemical fiber prices were very low, and overseas recycled chemical fiber was directly sold to Europe and U.S. In 2021-2022, with surging sea freight, selling prices of products in Southeast Asia and Africa were higher to Europe and U.S., especially Africa, by virtue of low sea freight, the selling prices to Europe were more competitive. In May, 2022, prices of HC re-PSF in Africa were $1,500-1,600/mt ex-works, $1,020-1,150/mt in Southeast Asia, while in China, FOB prices were around $1,050/mt.