Export of spun yarns made of 100pc manmade fibres down by 19.6pc

100 per cent man-made fibre yarns export from India was at 6.1 million kg in December 2015, down 19.63 per cent as compared to December 2014 and the total comprised 2.90 million kg of polyester yarn, 2.53 million kg of viscose yarn and 0.68 million kg of acrylic yarn.

Polyester yarn exports were down 23.1 per cent in value YoY while viscose yarn exports were up 6.3 per cent as compared to the same period last year. Acrylic yarn exports saw a drastic plunge of 57 per cent in December. Unit price realization was down US cents 39 a kg for polyester from a year ago and that of viscose yarn was down US cents 3 a kg. Acrylic yarn unit price realization was up US cents 56 a kg year on year basis.

Polyester spun yarns were exported to 45 countries in December and a total of 2.9 million kg was exported, of which, 14.7 per cent was shipped by Turkey alone.

Five new destinations were found for polyester yarn this December, of which, Nigeria, Peru, Spain and Mexico were the major ones. Pakistan, Italy and Germany were the fastest growing markets for polyester yarns while nine countries did not import any polyester yarns during the month.

Viscose yarn export was at 2.53 million kg and they were exported to 19 countries with Bangladesh at the top and followed by Belgium. Both these markets accounted for 48 per cent of all viscose yarn exported in December 2015.

Bangladesh, Italy, USA and Algeria were the fastest growing markets for viscose yarns while Portugal, Mauritius, China, Guatemala and South Korea were the new major markets. Spain, Brazil, Tunisia, Vietnam and Poland were the major ones among the 14 countries that did not import any viscose yarns during the month.

Courtesy:YnFx – Fibre and yarn Exports – India