In May, India Exported 101 Thousand And 500 Tons Of Yarn.

May 2016 India

The export volume was 101 thousand and 500 tons, down 4.6% compared to the same period last year. The export volume was 276 million 500 thousand US dollars, down 12.1% compared with the same period last year. The export unit price was 2.72 US dollars / kg, down 0.24 US dollars / kg compared with the same period last year, rising by 0.06 US dollars / kg.

In May 2016, India yarn exported to 89 countries, of which China accounted for 25.6% of exports, but exports fell by 38.5% compared with the same period last year. Bangladesh is India.

The second largest exporters accounted for 16.7% of total exports, while exports increased by 28.5% over the same period last year. Egypt was the third largest exporter and exports increased by 1.3% over the same period last year.

The sum of the 3 countries accounted for 48% of India's yarn exports in May.

The average export price of India yarn in 2014/15 was 189 rupees / kg, 181 rupees / kg in 2015/16, and 178 rupees / kg in the first 2 months of 2016/17.

It can be seen that in 2 years, the price of India's yarn export has dropped by about 6% only if it is rupee, but the corresponding unit price of the US dollar export price is 3.16 US dollars / kg, 2.79 US dollars / kg, 2.69 US dollars / kg respectively, down 15%.

Therefore, the India rupee depreciation is the main reason for the decline in the unit price of the US dollar, and the decline in raw material prices is another reason.

From April 2014 to May 2016, the S-6 price in India dropped from 41200 rupees to candies to 40500 rupees / candi.

Other varieties of cotton prices also declined.

The price of acrylic staple decreased by 20% and 30% respectively, and the price of viscose staple increased by 6%.

In May, India exported 101 thousand and 500 tons of yarn.