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India’s cotton yarn imports stabilise in March 2018

India’s cotton yarn imports stabililsed at 2.77 per cent to around 3.2 million tonne in March 2018 as against 1.69 per cent in February 2018. Pakistan witnessed the highest growth in March 2018 with 32 per cent to reach 3.5 million tonne. China imported 2.34 million tonne in 2015, which was the peak of the over five years. And then declined in 2016 and 2017, its imports were both less than 2 million ton. In the first quarter of 2018, China imported 460,000 ton of cotton yarn, declining by 13.24 per cent year-on-year.

Imports for Vietnam also slowed during the period. The country’s imports had stabilised at 5.82 per cent in March from 3.38 per cent in February 2018. In terms of volumes, the country’s imports declined to 3.3 million ton in February 2018 from 6.8 million tonne in January 2018 and again increased to 5.8 million tonne in March 2018.

 

 
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