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Rupee weakening against the dollar to benefit the textile and clothing category

Related Keywords: Apparel Export Promotion Council, Apparel exports, clothing, Garment Exporters, garment producers, raw material prices, Textile, yarn exports

Apparel exports, which were almost stagnant for the last couple of years, is expected to do better. It will give the garment producers cushion against increasing raw material prices. A. Sakthivel, vice chairman of the Council said that, “However, buyers will ask for cut in rates even for existing orders, and we might not get the full benefit.”

India’s polyester-viscose yarn export plunge 49.5%

In November, US$6.5 million worth of PV yarns were exported from India, down 49.5 per cent YoY with volumes at 2.33 million kgs, down 52 per cent YoY. Turkey continued to be largest importer of PV yarns from India followed by Iran with total volume at 1.3 million kg worth at US$3.66 million.

Iran, USA, Pakistan, Russia and Egypt were the fastest growing markets for PV yarns while Sri Lanka and South Africa significantly reduced its import of PV yarns from India.

Related Keywords: Indian yarn export value, polyester-viscose yarn export from india, PV yarn exports, pv yarn import in Iran, PV yarn import in Turkey, textile imports, yarn exports

Polyester-cotton yarn export from India falls 12.6%

In November, 5.4 million kg of PC yarns was exported from India, down 21.6 per cent YoY which was worth US$14.6 million, down 12.6 per cent YoY. Bangladesh and Brazil were the largest importers of PC yarn from India in November followed by Egypt. The top three countries accounted for 31% per cent of the total PC yarn export value.

Latvia, Guatemala, Honduras, Bahrain and Latvia were the fastest growing markets for PC yarns while Venezuela and Poland significantly reduced its import of PC yarns from India.

Related Keywords: Indian yarn export value, pc yarn import in Bangladesh, pc yarn import in Brazil, PC yarn import in Egypt, Polyester-cotton yarn export, textile imports, yarn exports

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