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Six lakh bales of cotton fibre was shipped out of India in January 2015

Related Keywords: acrylic fibre export, Cotton export from india, cotton export to china, cotton import in china, polyester staple export, viscose fibre export

Staple fibre shipments in January stood at 118 million kg, (cotton, ASF, PSF, VSF, PPSF and wool) worth INR1,125 crore or US$182 million. Cotton alone accounted for more than 90 per cent of all types of fibre exported during the month at 592,900 bales or 100.8 million kg worth US$157 million. Another 17 million kg of manmade fibres were also exported during the month worth US$25 million.

Rupee strengthening against Yuan may hit Indian textile exports

Related Keywords: Chinese yuan, cotton export, cotton import in china, Indian rupee, textile export, yarn export

Export of textiles and other goods may be adversely affected if the Chinese currency Yuan continues to depreciate. Year to date, the Yuan has fallen 4.9 per cent against the INR and is predicted to fall further if the current slowdown in China deepens and shadow banking crisis and the defaults worsen.

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