Spun yarn export growth falls in February, China imports lesser

News Tags: cotton yarn export, cotton yarn export to Bangladesh, cotton yarn export to china, Spun yarn exports, textile export target, yarn import in Bangladesh, Yarn import in china

Spun yarn export growth falls in February
Summary: 
Spun yarn exports were unable to maintain its strength seen in January as they grew just 3.7 per cent in February as against 21 per cent clocked in the previous month. About 117 million kg of spun yarns were exported worth US$390 million or Rs 2,425 crore during February. In terms of growth, volumes were up 7.4 per cent while US$ value increased 3.7 per cent implying a fall in unit price realization, as the Rupee depreciated 16 per cent against the US$ in the comparable months. Overall unit price realization averaged US$3.35/kg, down US cents 12 than the realization a year ago and US cent 1 down from previous month.

Spun yarn exports were unable to maintain its strength seen in January as they grew just 3.7 per cent in February as against 21 per cent clocked in the previous month. About 117 million kg of spun yarns were exported worth US$390 million or Rs 2,425 crore during February. In terms of growth, volumes were up 7.4 per cent while US$ value increased 3.7 per cent implying a fall in unit price realization, as the Rupee depreciated 16 per cent against the US$ in the comparable months.

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