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India’s spun yarn exports in March 2017 declined 47.6 per cent in volume terms and fell 39.3 per cent in value terms. Spun yarn (all kinds) shipments were at 64.55 million kg worth US$198.6 million, implying per unit realization of US$3.08 per kg which rose US cents 13 from previous month and were up US cents 42 as compared to March 2016.

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: clothing export, cost of doing textile business, cotton fabric export, cotton yarn in Pakistan, Pakistan’s textile industry, Textile Mills Association, textile value chain, yarn export

High cost of doing business has started hitting textile industry of Pakistan severely as further closure of operations of the textile mills have been reported to the association, said Tariq Saud, Chairman of All Pakistan Textile Mills Association (APTMA).

In November 2015, exports of cotton yarn and cotton fabric declined by 45% and 22%, respectively against the corresponding period in quantitative terms, which is an overall decline by 15% in value.

Related Keywords: acrylic yarn export, cotton yarn export, polyester yarn export, Spun yarn export, viscose yarn export, yarn export, yarn export to bangladesh, yarn export to china

Spun yarn exports growth slowed down in October 2015 to just 4.1 per cent in volume terms in October 2015. In value terms, it declined 9.5 per cent. Spun yarn (all kinds) shipments were at 112 million kg worth US$310 million or INR2,007 crore, implying per unit realisation of US$2.78 per kg. This was US cents 4 down from previous month and down US cents 41 from October 2014. It was also the lowest since February 2015.

China continued to propel yarn export from India, although average unit value realization continued to decline hovering in the range of US$2.78-2.82 per kg on an average.

Related Keywords: China yarn import, cotton yarn export, Filament yarn export, pc yarn export, polyester yarn export, pv yarn export, rayon yarn export, textile export from india, viscose yarn export, yarn export

The recovery in spun yarn exports is here to stay. Continuing with the significant rebound in June, July too posted a higher growth. Export grew sharply by 35 per cent in volume terms while the rise in value term was 16 per cent. The growth again emerged from the retained momentum of imports of yarns by China from India. For the second month in a row, China’s import of Indian spun yarn jumped in July. However, overall unit value realization continued to inch down hovering in the range of US$2.93-2.96 per kg on an average.

Related Keywords: Currency devaluation, RMB devaluation, textile export, yarn export, yuan devaluation

The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the US$ moved out to almost 6.23 Yuan versus 6.1162 Yuan the previous day. Although the move spooked global markets and raised yet more concerns about the health of the Chinese economy, it will be interesting to gauge its impact on global trade, particularly that of textiles.

There has been a continuous decline in the export of 100 man-made fibre yarns in June particularly that of polyester and viscose yarns. In June, 5.57 million kg of man-made spun yarn were exported, comprising 2.58 million kg of polyester yarn, 1.83 million kg of viscose yarn and 0.90 million kg of acrylic yarn. Polyester yarn and viscose yarn exports were down by 25 per cent and 26 per cent in value respectively during the month, whereas acrylic yarn export picked up substantially by 7 per cent in May with volumes gaining 28 per cent.

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Related Keywords: cotton yarn export, yarn export, yarn export to china, Yarn import in china, yarn prices in china, yarn prices in India

Spun yarn imports from India have rebounded in the past month in China, reveals the latest “ YnFx - Fibre and yarn Exports - India Report. Yarn export to China was extremely sluggish since May 2014 falling year on year and saw some rebound in May 2015. In June 2015, exports jumped 105 per cent in volume and 80 per cent in value.

Related Keywords: exploit ASEAN market, fully vertical integrated supply chain, Garment and textile industries, global apparel trade, improve competitiveness, imprt fabric, production hub, strengthen cooperation, TGMA, Thailand and Vietnam, TPP, yarn export

Thailand and Vietnam garment and textile industries to improve competitiveness and exploit the ASEAN market need to strengthen co-operation. Establishing fully vertical integrated-supply chain between Thailand and Vietnam would be one of the big steps toward granting and sustaining competitiveness.

Nguyen Van Tuan, deputy general secretary of the Vietnam Textile and Apparel Association, said that in recent years Vietnam has emerged as a production hub for garment and textile products. However, the industry has had to import up to 85% of materials needed for production.

Related Keywords: China, coarser and medium count, Confederation of Indian Textile Industries, cotton price, EU, Indian yarn shipment, lesser demand, Pakistan GSP plus status, plunge, SIMA, yarn export, yarn price

Indian yarn shipment plunged to about 100 million kg in April and, according to industry estimate, further to 90 million kg each in May and June, after clocking average monthly exports of about 120 million kg in 2013-14, which was 33% more than the previous year.

In the first quarter ended June, yarn exports witnessed decline by about 20% year-on-year, with China reducing its fabric production due to which lesser demand from China, there has been an impact on yarn imports.