Export of spun yarns made of 100pc manmade fibres on the recovery path

100 percent man-made fibre yarns export rebounded sharply in July particularly that of polyester and viscose yarns. In July, 6.09 million kg of man-made spun yarn were exported, comprising 2.63 million kg of polyester yarn, 2.19 million kg of viscose yarn and 1.23 million kg of acrylic yarn.

Polyester yarn exports were up 13 per cent in value while viscose yarn export jumped 27 per cent during the month. Acrylic yarn export was down 8.5 per cent after a significant pick seen on June. Unit price realization was down US cents 11 for polyester at from a year ago and that of viscose yarn was down 5 per cent. Acrylic yarn unit price realization fell only 1.1 per cent on year on year basis.

Polyester spun yarns were exported to 46 countries in July aggregating US$6.2 million with a unit price realization averaging US$2.37 a kg. A total of 2.6 million kg was exported, of which, 21 per cent was shipped USA alone. 16r new destinations were found for polyester yarn this July, of which, Nigeria, Dominican Republic and Colombia were the major markets.

Viscose yarn export in July was valued at US$5.5 million or INR35 crore and volume at 1.83 mil-lion kg, implying average unit price realization of US$3.04 per kg. This was US cents 13 higher than realized in May and US cents 15 lesser than a year ago. They were exported to 29 coun-tries with Belgium being the single largest importer worth US$1.25 million. It was followed by Turkey with imports worth US$0.94 million. Both these markets accounted for 35 per cent of all viscose yarn exported in July.

Bangladesh, USA and Portugal were the fastest growing markets for viscose yarns while Pakistan, Brazil and Guatemala were the new major markets in July 2015. Germany and Bulgaria were the major ones among the six countries that did not import any viscose yarns during the month.

Courtesy: YnFx – Fibre and yarn Exports – India