India's spun yarn export earnings continued to decline for the 13th consecutive month in May 2015 while volume shipment growth remained positive. In May 2015, spun yarn exports were up two per cent in terms of volume but down 11 per cent in terms of value. Unit value realisation on export of yarns made of 100 per cent man-made fibers declined sharply in May particularly that of polyester yarn. Total volume too declined during the month in comparison with the export in the same month a year ago.

Polyester yarn exports were down four per cent in value while viscose yarn export was down by 35 per cent during the month. Acrylic yarn export too declined 19 per cent in May. Viscose yarn was exported to 22 countries in May. Belgium remained the single largest importer of viscose yarn followed by Iran.

Exports of blended spun yarns did much better than exports of 100 per cent cotton and 100 per cent manmade fiber yarns. In May, 6.7 million kg of PC yarns and 2.5 million kg of PV yarns were exported. Unit price realization was down 19 cents for viscose and 42 cents for polyester from a year ago.