Blended yarns export sees uptrend, value up 4.8%

India’s blended spun yarns export value was up 4.8 per cent YoY in March 2016 while volumes rose 10.6 per cent as compared to the same month last year.

Polyester cottons yarns were exported to 51 countries in March, of which, Egypt and Bangladesh were the largest importers of PC yarn from India followed by Morocco. 6.7 million kg of total PC yarns was exported from India during the month.

Honduras, Spain, Sri Lanka and Germany were the fastest growing markets for PC yarns while Peru significantly reduced its import of PC yarns from India.

Oman and Panama were among the 9 countries that did not import any PC yarns from India during March. Finland, United Arab Emirates and Djibouti were the major destinations among the 10 new markets found in March.

In March, PV yarns were exported to 37 countries from India with volumes at 5.4 million kgs. Turkey continued to be largest importer of PV yarns from India followed by Pakistan with total volume at 3.5 million kg.

Honduras and Djibouti were the new major markets for PV yarn while 13 countries did not import any PV yarn during the month, including the major ones like China, Uganda and Brazil.

Around 1.3 million kg of other blend of yarns were exported worth US$6.2 million during the month. Acrylic/cotton yarn prices were down 19.8 per cent YoY.

Courtesy:YnFx – Fibre and yarn Exports – India