Yarn exports from the major ports of India were at US$55,973 ton declining by about 7%.due to decline in Cotton and PV yarn exports. This was after a 19% jump in exports in March. The rupee again strengthened in April, moving below Rs 40/US dollar and thus shrinking margins.
43,428 tons of cotton yarn was exported in April, lower by 10% while PV yarn exports further declined 27% to 1,823 tons. Polyester yarn exports which had declined in March by 29% reversed its trend and increased 27%. Viscose yarn exports increased at a rate of 7% after jumping 43% last month and were at 3,348 tons. PC yarn exports increased 11% to 3,391 tons. Of the 111 tons of Dyed yarn exported, 45 were Viscose dyed and 39 were PV dyed.
Average realized price for cotton was steady at US$2.98/kg while the average price of viscose yarn declined 8 cents to US$3.78/kg. PC and Polyester yarn prices averaged at US$2.47/kg and US$2.71/kg. PV yarn average prices however increased 15 cents to US$3.11/kg.
43,428 tons of cotton yarn was exported in April, lower by 10% while PV yarn exports further declined 27% to 1,823 tons. Polyester yarn exports which had declined in March by 29% reversed its trend and increased 27%. Viscose yarn exports increased at a rate of 7% after jumping 43% last month and were at 3,348 tons. PC yarn exports increased 11% to 3,391 tons. Of the 111 tons of Dyed yarn exported, 45 were Viscose dyed and 39 were PV dyed.
Average realized price for cotton was steady at US$2.98/kg while the average price of viscose yarn declined 8 cents to US$3.78/kg. PC and Polyester yarn prices averaged at US$2.47/kg and US$2.71/kg. PV yarn average prices however increased 15 cents to US$3.11/kg.
Bangladesh was the biggest importer of Indian yarn followed by Brazil and Turkey, though exports to Bangladesh, Turkey and South Korea declined. Exports to Bangladesh declined 28% and to South Korea declined 30%. The average prices paid by Bangladesh buyers was US$2.83/kg, lower than the average price. The highest price among the major importers was paid by Italy, paying US$4.91/kg followed by Belgium and Germany.
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