During July 2009, cotton yarn which accounted for 72% of yarn export earnings declined by 38% reckoned with last year. Manmade yarns were up marginally up while blended yarns earnings continued to drop, by massive 44%.
The major destinations – accounting for 50% of India’s exports were South Korea, Brazil, Bangladesh, China, Turkey, Peru and Egypt. While exports to South Korea and Peru recorded positive growth those to other major destinations were down
The major destinations – accounting for 50% of India’s exports were South Korea, Brazil, Bangladesh, China, Turkey, Peru and Egypt. While exports to South Korea and Peru recorded positive growth those to other major destinations were down
100% Cotton Yarn
In June 2009, cotton yarn exports declined 29% by volume and 38% in value. A total of 33 million kgs were exported valued at US$89 million. Unit price realization was down by 13% to average US$2.72/kg. The realization was also 4 US cents lower than the previous month. Count-wise, 30/1 cotton yarn was the major count in exports followed by 40/1, 20/1, 26/1 and 24/1. About 8.3 million kgs of 30/1 cotton yarn was exported at an average price of US$ 2.52/kg. The average price realization of 40/1 and 20/1 cotton yarn was US$ 2.79/kg and US$ 2.24/kg respectively.
Destination-wise, South Korea, Bangladesh, China, Peru, Brazil and Egypt were the major importers of Indian cotton yarn accounting for 50% of all cotton yarn exports. South Korea imported about 5.8 million kgs of cotton yarn, 9% up from its last year’s number. The unit price realization averaged US$2.71/kg, down 23 US cents compared to last year. Exports to Peru increased 58% while that to Bangladesh and Brazil was down by over 60% in value terms. China’s cotton yarn import from India was down 26% while that of Egypt was down 39%.
In June 2009, cotton yarn exports declined 29% by volume and 38% in value. A total of 33 million kgs were exported valued at US$89 million. Unit price realization was down by 13% to average US$2.72/kg. The realization was also 4 US cents lower than the previous month. Count-wise, 30/1 cotton yarn was the major count in exports followed by 40/1, 20/1, 26/1 and 24/1. About 8.3 million kgs of 30/1 cotton yarn was exported at an average price of US$ 2.52/kg. The average price realization of 40/1 and 20/1 cotton yarn was US$ 2.79/kg and US$ 2.24/kg respectively.
Destination-wise, South Korea, Bangladesh, China, Peru, Brazil and Egypt were the major importers of Indian cotton yarn accounting for 50% of all cotton yarn exports. South Korea imported about 5.8 million kgs of cotton yarn, 9% up from its last year’s number. The unit price realization averaged US$2.71/kg, down 23 US cents compared to last year. Exports to Peru increased 58% while that to Bangladesh and Brazil was down by over 60% in value terms. China’s cotton yarn import from India was down 26% while that of Egypt was down 39%.
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