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Drop in Chinese demand hurts cotton yarn exports

Related Keywords: China is the largest importer of cotton yarn, Chinese cotton, Chinese domestic spinners, global imports, imports cotton, Indian cotton yarn, Indian spinners, largest exporter of cotton yarn, Vietnam’s yarn exports to China, yarn production

Exports declined 16.3% during the timeframe even though yarn production increased 3.5% between 2013-14 and 2017-18. The share of exports in total yarn production has come down to 27% in 2017-18 from 33% in 2013-14.

India’s share has dropped to around 26% in 2017 from 30% in 2015 inspite of remaining the largest exporter of cotton yarn in the world.

Aptma demand for immediate remedial measures against Indian yarn dumping

Related Keywords: APTMA, CVD, e customs duty on yarn import, Indian cotton yarn, local textile industry, Ministry of Commerce, Safeguard Measures Ordinanc

All Pakistan Textile Mills Association (Aptma) has demanded for immediate remedial measures against the anomalous increase in dumping of Indian cotton yarn by the Ministry of Commerce (MoC). There is 100 percent rise in dumping of Indian yarn mainly fine counts meant to produce and launch around 140 products under different popular brands annually which is putting the viability of local textile industry at stake.

Indian cotton yarn export likely to meeting their targets

Related Keywords: Chinese cotton policy, Indian cotton yarn, raw cotton price, Texprocil, yarn export

The Cotton Textiles Export Promotion Council, (Texprocil) based on its study conducted on cotton yarn, revealed that India's cotton yarns exports are meeting their targets barring the seasonal fluctuations generally witnessed every April and in spite of high raw cotton prices.

India has exported 1082 million kgs of cotton yarn worth US $ 3.75 billion during the 10 month period from April 2013 to January 2014. It is expected that the full year figure likely to be at 1350 mn kgs valued at US $ 4.70 billion.

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