SOUTH KOREA: Polyester Fabric Exports Continue To Fall
Exports of polyester fabric, one of Korea's main textile export items, is maintaining its five year trend and continuing to fall, industry chiefs warned on Wednesday. Figures released by the Korea Textile Trade Association show polyester fabric exports amounted to $4.38 billion won in 1996 but dropped to $3.34bn won in 1998 and fell to $3.07bn last year.