Cotton yarn exports rose 30% by volume and 82% in value in June 2010. A total of 43 million kgs were exported valued at US$167 million. Unit price realization was up 40% averaging US$3.88/kg, the highest in last two years. It was even higher by US cents 34 a kg recording the highest monthly increase since April 2009.
Counts in Demand
During June 2010, 94 different counts of cotton yarn were exported from India. Of these, only 19 counts made the Elite group (See Table 2.5 below). Together, their export volumes were 37 million kgs worth US$142 million. Thus, they accounted for 85% of all cotton yarn exported during the month.
Price Curve
Unit price realization for all cotton counts averaged US$3.88 per kg, up 40% compared to the realization a year ago. It was also US cents 34 higher than the realization a month ago. The chart alongside presents the volumes to unit price realization for cotton yarn made of only grey, non-speciality and non-super cotton for June 2010 reckoned with June 2009.