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China trims yarn import from India but Pakistan fills its yarn gap

Related Keywords: cotton yarn export, cotton yarn import, Spun yarn export, textile export from india, yarn import in Bangladesh, Yarn import in china, yarn import in Pakistan

Spun yarn exports from India were up 2 per cent in volume terms but down 8 per cent in value terms in January 2016. The marginal increase in volume reflect the weakening global demand while the decline in value is explained by falling FOB price and depreciating the INR. Total yarn shipments were at 103 million kg worth US$278.3 million or INR1,856 crore, implying per unit realisation of US$2.70 per kg, down US cents 30 from a year ago.

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