South Korea dominates US PSF market as tariffs hit China’s exports
South Korea leads US polyester staple fibre (PSF) imports, benefiting from zero tariffs under KORUS FTA and a strong logistics index. Thailand and India remain competitive but face a 4.3 per cent tariff, impacting pricing. China’s market share is weakening due to rising tariffs, now at 24.3 per cent, increasing costs. Trade policies and cost structures will shape future market dynamics.
South Korea leads US polyester staple fibre (PSF) imports, benefiting from zero tariffs under KORUS FTA and a strong logistics index.
Thailand and India remain competitive but face a 4.3 per cent tariff, impacting pricing.
China’s market share is weakening due to rising tariffs, now at 24.3 per cent, increasing costs.
Trade policies and cost structures will shape future market dynamics.
