Man-made fibre yarn export rises 10.7% in April

100% man-made fibre yarns export from India was valued at US$16.95 million in April 2016, up 10.7% YoY while volumes were at 6.62 million kg, up 13.8% per cent as compared to the same month last year. The total volume comprised 3.43 million kg of polyester yarn, 2.49 million kg of viscose yarn and 0.69 million kg of acrylic yarn.

Polyester yarn exports were up 25.1 per cent in value while viscose yarn exports value were up 29.7 per cent during the month. Acrylic yarn exports saw a drastic plunge of 36.2 per cent in April. Unit price realization was down US cents 33 a kg for polyester from a year ago and that of viscose yarn was up US cents 3 a kg. Acrylic yarn unit price realization was up US cents 95 a kg year on year basis.

Polyester spun yarns were exported to 42 countries from India in April with total volumes at of 3.43 million kg, of which, 16.2 per cent was shipped by Turkey alone. Nine new destinations were found for polyester yarn this April, of which, Syria, Mexico, Togo and Tunisia were the major ones.

Nine new destinations were found for polyester yarn this April, of which, Syria, Mexico, Togo and Tunisia were the major ones. Egypt, Morocco and Philippines 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 2.49 million kg and were exported to 26 countries with Belgium at the top, followed by Egypt. Both these markets accounted for 34.2 per cent of all viscose yarn exported in April.

China, Sri Lanka, Bangladesh and USA were the fastest growing markets for viscose yarns while Egypt, Bangladesh, Morocco, Brazil and Canada were the new major markets. United Kingdom, South Africa and Peru were the major ones among the 6 countries that did not import any viscose yarns during the month.

Courtesy:YnFx – Fibre and yarn Exports – India