In January 2009, cotton yarn was exported to 58 countries as against 69 last year. About 19 countries in January 2009 formed the elite group as against 25 in January 2009. Bangladesh, Italy, Egypt, China, Portugal and South Korea ac-counted for over 50% of Indian cotton yarn exports with volume at 12 million kgs.
As many as 93 different counts of cotton yarn were exported from India in January 2009. Of these, only 11 counts formed the elite group. They were 30/1, 40/1, 24/1, 26/1, 36/1, 20/1, 32/1, 60/1, 50/1, 34/1 and 80/2. Together, their volume ex-ports were 17.5 million kgs valued at US$44 million and accounting for 68% of all cotton yarn exports in January 2009.
Price Curve
The average unit price realization for all cotton counts was US$2.74 per kg, down by 12% compared to the realization a year ago.