Spun Yarn Export from India - Textile Industry

Exports of Spun Yarn from India in the month of March 08

Total yarn exported from India in March jumped by about 20% to a little over 60 thousand tonnes, up from 50,500 tonnes of total quantity in February. The month of March was also favorable on the exchange rate side, as rupee averaged above Rs 40/ dollar and reaching the levels of Rs 40.50/US$.

Bangladesh again figured as the biggest importer of Indian yarn importing approximately 6,500 tons at an average price of US$2.86, steady at last month’s level. Approximately 5,500 tonnes of yarn was exported to Korea and Turkey. Exports to Turkey, Brazil and Italy saw a steep increase in their realization whereas yarn exports to Egypt and Peru saw a decline in their realizations.

Overall Cotton Yarn Exports (All types)
A little over 48 thousand tons of cotton yarn was exported 84 countries at an average price of US$3/kg. This is higher by 25% over February cotton exports whereas average price increased by 7 cents. Bangladesh was the largest buyer of Indian cotton yarn, importing a quantity of about 6,000 tons at an average price of US$2.86/kg. Approximately 5,500 tons were exported to South Korea and 3,500 tons were exported to Turkey, Brazil and Peru each.
The top 30/1, 40/1, 24/1 and 20/1 were the top counts and however average price increased for most specs. Quantity exported of 40/1 and 24/1 increased by 700 tons. Price of 30/1 increased by 7 cents, for 40/1 increased by 11 and 20/1 increased by 10 cents, but of 24/1 decreased 3 cents.
For complete analysis on the monthly spun yarn exports from india please read:
YnFx ExportWatch Report