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Cotton yarn exports sees biggest fall both in volume and value to China

Related Keywords: 105.9 million kgs, between April and September, biggest fall both volume and value terms, China largest importer of yarn, cotton yarn shipments to China, dropped 36.7percent year-on-year in value term, Exports of cotton yarn to China, plunged 31.9 percent, reducing purchases, Union Commerce Ministry

Exports of cotton yarn to China saw the biggest fall in both volume and value terms as China, the largest importer of yarn reducing its purchases. As per the data with the Union Commerce Ministy, cotton yarn shipments to China plunged 31.9% to 105.9 million kgs (mkgs) between April and September. It dropped 36.7% year-on-year (y-o-y) in value terms to $285 million. Cotton yarn exports have advanced by a mere 1.1% y-o-y in value terms to around $1.5 billion during the time frame.

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