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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’s yarn imports, cotton yarn exports, cotton yarn imports, Indian yarn shipments to China, India’s spun yarn exports, largest importer of spun yarns, Vietnam’s yarn exports, yarn export from india, yarn export value, yarn export volume

India’s spun yarn exports in September 2016 declined 30.2 per cent in volume terms while it was down 24.3 per cent in value terms. The average per unit realisation was down US cents 3 a kg from previous month and up US cents 24 a kg as compared to September 2015.

China’s yarn imports from Vietnam surged 34% in September from a year earlier whereas Indian shipments to China were down 56%, and imports from Pakistan have lost 30%.

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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.

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Spun yarn exports growth rate slowed down dramatically in September 2015 to 8 per cent in volume terms and 6 per cent in US$ term. All kinds of yarn shipments were at 118 million kg worth US$333 million or INR2,188 crore, implying per unit realisation of US$2.82 per kg. This was US cents 4 down from previous month and down US cents 42 from September 2014. It was also the lowest of many months. Meanwhile, the Rupee depreciated 5 per cent against the US$ in the comparable months.

Related Keywords: cotton yarn exports, Spun yarn exports, spun yarn import in china, yarn export from india

Spun yarn exports maintained its growth tempo in August 2015. After rebounding in June and Jul, export grew 21.5 per cent in volume terms while the rise in value term inched up 3 per cent. In August, spun yarn exports (all kinds) shipments were at 117 million kg worth US$335 million or INR2,135 crore, implying per unit realisation of US$2.86 per kg. This was US cent 6 down from previous month and down US cents 50 from August 2014. It was also the lowest of many months. Meanwhile, the Rupee depreciated 6 per cent against the US$ in the comparable months.

Related Keywords: cotton yarn export to Bangladesh, cotton yarn export to china, cotton yarn import in bangladesh, cotton yarn import in china, yarn export from india

This is further to the story Spun yarn exports volume from India up in February, prices down published on 7 April. Although China was the largest importer of Indian spun yarns, especially cotton yarns, it paid much lower than the second largest importer, Bangladesh.