Spun yarns made from man-made fibres reported a sharp decline in exports both in terms of volume and value. During March, a total of 6.85 million kg of man-made spun yarn were exported, comprising three million kg of polyester yarn, 2.1 million kg of viscose yarn and 1.7 million kg of acrylic yarn. Polyester yarn exports were down 31 per cent in value while viscose yarn export was down 16 per cent during the month. Unit price realisation was down 10 cents for viscose and 27 cents for polyester from a year ago. Acrylic yarn export jumped 12 per cent in volume while unit price realization fell 19 cents to $3.02 per kg.

Viscose yarn reached out to buyers in 25 countries in March with exports valued at $6.46 million and volume at 2.13 million kg, implying average unit price realization of $3.04 per kg. This was 18 cents higher than February and 10 cents lesser than a year ago. Belgium continued to be the single largest importer of viscose yarn followed by Egypt.

Algeria, Indonesia, Mexico, Japan and Thailand were the new markets for viscose yarns in March 2015, together importing yarn worth $0.63 million with volumes at 178,000 kg. Meanwhile 12 other countries did not import any viscose yarns this March. Belgium, Portugal, United Kingdom, Sri Lanka and Bangladesh cut their import from India compared to last year.

Polyester spun yarns were exported to 49 countries in March aggregating $7.08 million with a unit price realisation averaging $2.36 a kg. A total of three million kg was exported, of which, 34 per cent was only to Egypt and US. Nigeria, Argentina, Saudi Arabia, Kenya and Tanzania were the new markets of polyester yarns in March. Blended spun yarn exports aggregated $38.6 million in March with volumes at 13.3 million kg. Egypt was the largest importer of PC yarn from India followed by Bangladesh, amongst the 49 countries that imported PC yarn from India in March. While Ecuador, Vietnam, Lebanon and Peru were the fastest growing markets for PC yarns, Sudan, United Arab Emirates, Djibouti, Honduras and Iran did not import any.

Meanwhile, Pakistan, Mexico, Venezuela, Algeria and Israel significantly cut their imports of PC yarns from India. Among new markets Latvia was the major one in March 2015. Turkey remained the largest importer of Indian PV yarns in March with volumes at 2.65 million kg worth $7.3 million, followed by Iran and Pakistan.