# China Textile Holdings subsidiary signs PSF supply agreement with Baoyuan

Xinyuan, a subsidiary of China Textile Holdings, entered into a supply agreement with Baoyuan to supply polyester staple fiber (PSF) with a monthly cap of 900 tonnes. The annual caps are RMB 40 million for 2017, RMB 85 million for 2018, RMB 95 million for 2019, and RMB 50 million for the period from January 1, 2020 to June 30, 2022.

- Type: Contract
- Announced: 2017-07-07
- Where: China
- Status: announced
- Capacity: 900 tonnes per month
- Products: polyester staple fiber (PSF)
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [China Textile Holdings](https://endata.com/companies/25426.md)
- [Baoyuan](https://endata.com/companies/25427.md) (customer)

## Sources

- [beta.zhitongcaijing.com](http://beta.zhitongcaijing.com/content/detail/67278.html), 2017-07-07: "鑫源将向宝源供应符合宝源质量和规格要求的PSF，每月上限900吨"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.