Cotton yarn exports declined 29% by volume and 38% in value in July 2009. 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 previous month. Cotton yarn accounted for 72% of all yarn exported from India during July 2009 as against 76% last year.
Counts in Demand
During July 2009 as many as 74 different counts of cotton yarn were exported from India. Of these, only 9 counts made the elite group. They were 30/1, 40/1, 20/1, 26/1, 24/1, 32/1, 50/1, 60/1 and 36/1. Together, their export volumes were 20.2 million kgs worth US$52 million.
Price Curve
The average unit price realization for all cotton counts was US$2.72 per kg, down by 13% compared to the realization a year ago. It was also 2% lower than the average realization a month ago, losing 4 US cents.