India’s viscose yarn export in November was valued at US$7.1 million or INR47.2 crore, rose 67.7 per cent YoY while volume surged 50.2 per cent at 2.15 million kg, implying average unit price realization of US$3.32 per kg.
They were exported to 22 countries with Belgium at the top worth US$2.14 million. It was followed by Bangladesh with imports worth US$1.03 million. Both these markets accounted for 43.6 per cent of all viscose yarn exported in November.
India’s 100pc man-made fibre yarns export was at 4.7 million kg in November 2015, comprising 2.56 million kg of polyester yarn, 1.42 million kg of viscose yarn and 0.67 million kg of acrylic yarn.
Polyester yarn exports were down 9.7 per cent in value while viscose yarn exports declined 14.6 per cent during the month.
Acrylic yarn exports saw a drastic plunge of 37 per cent in November.
Unit price realization was down US cents 39 a kg for polyester from a year ago and that of viscose yarn was down US cents 18 a kg.
Spun yarns made of man-made fibres recorded sharp decline in export both in terms of volume and value. During March, a total of 6.85 million kg of man-made spun yarn were exported, comprising 3 million kg of polyester yarn, 2.1 million kg of viscose yarn and 1.7 million kg of acrylic yarn. Polyester yarn exports were down 31 per cent in value while viscose yarn export was down 16 per cent during the month. Unit price realization was down US cents 10 for viscose and US cents 27 for polyester from a year ago.
Spun yarn exports were up in February in terms of volumes but the fall in FOB per unit price, which apparently arrested in January, continued, leading to a sharp fall in revenue earnings. Volumes at over 122 million kg were worth US$355 million or Rs 2,190 crore, implying per unit realisation of US$2.90 per kg for all kinds of spun yarns. This was US cents 8 down from previous month and down US cents 45 from February 2014.
