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Related Keywords: China yarn import, cotton yarn export, cotton yarn import, Vietnam yarn export, yarn import india, yarn import pakistan

After Vietnam relegating India to second since March this year, now Pakistan pips India to third position in supplying cotton yarn to China. India was until February, the top cotton yarn supplying nation to China. In August 2016, Pakistan overtook India by supplying 34 million kgs of cotton yarn while India could ship only 21 million kgs and Vietnam heading at 61 million kgs. Exactly a year ago, India had exported 66 million kgs with Vietnam at 45 million kg and Pakistan at 41 million kg.

Related Keywords: China yarn import, cotton yarn export, cotton yarn import, Vietnam yarn export, yarn import india, yarn import pakistan

India, which once led as a cotton yarn supplying nation to China is now been relinquished to second position. This was done by not so powerful as an economy or a textile giant, Vietnam. And this not the story of aberration, it has been the top supplier of cotton yarn to China since March 2016, when it overtook India. And that too, at a much higher unit price realization than India and also Pakistan, the lowest in the rung.

Related Keywords: acrylic yarn export, Bangladesh yarn import, China yarn import, cotton yarn export, peru yarn import, polyester yarn export, viscose yarn export, yarn export from india

China, the top importer of cotton yarn from India, has significantly reduced its sourcing in recent past. However, India continues to be the major supplier of cotton yarn for China. China has simultaneously reduced yarn imports from the World over the past one year. In July, India’s cotton yarn exports to China plunged 75% year on year, both in terms of shipment and value. During the month, shipment was just 17 million kgs valued at US$285 million as against 66 million kgs worth US$1,118 million last year.

Related Keywords: China yarn import, cotton export, cotton yarn, spun yarn, Vietnam yarn import, yarn export

India exported 101.8 million kg of spun yarns worth US$283 million or INR1,881 crore in June 2016 at an average realisation of US$2.78 per kg. This was significantly lower compared to same month a year ago. Export volume was down 12% YoY and value declined 17% in US$ terms. The drop also reflects the lean season for global textile industry in this part of the year.

Related Keywords: textile export to Britain, textile export to Europe, textile export to UK, yarn export to Britain

Great Britain’s exit from the European Union after the referendum to quit on 23 June will have marginal impact on India’s fibres and yarns export to that destination as it is not a big buyer. While entire West Europe accounted for less than 7% of total fibre and yarn exports in 2015-16, UK was just 0.2%. Within export to West Europe, UK was just 3%. This show that volume of trade between India and Britain.

Related Keywords: acrylic yarn export, cotton yarn export, polyester yarn export, Spun yarn export, viscose yarn export, yarn export price

Spun yarn exports declined by 4.6 per cent in volume terms and 12.1 per cent in value terms in May 2016. Total shipments were at 101.5 million kg worth US$276.5 million or INR1,830 crore, implying per unit realisation of US$2.72 per kg which was up US cents 6 from previous month and down US cents 24 as compared to May 2015. In INR term, the FOB values per kg of yarn export was INR180 per kg. Fibre wise the FOB realization for cotton yarn was INR179 per kg, viscose yarn INR203 per kg, polyester yarn INR146 per kg, PC yarn INR177 per kg and PV yarn INR178 per kg.

Related Keywords: China yarn import, cotton yarn export, nylon filament export, polyester filament yarn export, polyester yarn export, Spun yarn export, Vietnam yarn export, viscose filament yarn export, viscose yarn export

Spun yarn exports in April 2016 jumped 12 per cent in volume terms and were up 1.7 per cent in value terms. Spun yarn (all kinds) shipments were at 112.2 million kg worth US$299 million or INR1,971 crore, implying per unit realisation of US$2.66 per kg.

Related Keywords: Indian technical textile industry, Indian textiles, Lifestyle Functional Textiles, non-woven textiles, packing textile and shoe textile, smart textile, Taiwan technical textiles, Taiwan Textile Federation, technical yarns, Technotex India, textile industry of Taiwan

Sean Tsai, Overseas Market Development, Taiwan Textile Federation shared his views on technical textiles going ahead with Nitin Madkaikar-Business Head (YnFx) at the Taiwan Pavilion, Technotex India Exhibition held in Mumbai on 21-23 April 2016. The event was organized by Ministry of Textiles and FICCI.

Nitin Madkaikar: What are your views on Indian technical textile industry in India?

Related Keywords: excise duty on manmade fibre, excise duty on textile, excise duty on yarn, import duty on fabric, import duty on filament, import duty on polyester, Indian textile industry, new textile policy, textile industry budget

While there was no fresh proposition in the Union Budget 2016 for the textile industry, which was presented to the Parliament on 29 February, the income growth expected to steam up the India economy will have favourable impact on overall demand, and for textiles in particular.

Related Keywords: cotton yarn export, cotton yarn import, Spun yarn export, textile export from india, yarn import in Bangladesh, Yarn import in china, yarn import in Pakistan

Spun yarn exports from India were up 2 per cent in volume terms but down 8 per cent in value terms in January 2016. The marginal increase in volume reflect the weakening global demand while the decline in value is explained by falling FOB price and depreciating the INR. Total yarn shipments were at 103 million kg worth US$278.3 million or INR1,856 crore, implying per unit realisation of US$2.70 per kg, down US cents 30 from a year ago.