Indian VSF imports are almost 1.5 times compared to last year. If production remains stable, VSF consumption may increase by about 80,000 tons compared to the previous year.
According to the current market situation, increments are almost entirely used for domestic spinning. Combined with the production and sales ratio structure of Indian rayon yarn, the proportion of pure rayon single yarn and other yarns is about 1 :1. So the output of pure cotton single yarn has increased by 40,000 tons. Indian pure cotton single yarns imports are almost four times the previous year’s. Combined with production growth, Indian cotton yarn consumption last year increased by about 60,000 tons, and may move up further in 2019. Blended yarn imports also increased but amid small volumes the improvement was not large. Indian domestic blended yarn production was over 80,000 tons. The increment is insignificant compared with domestic rayon yarn volume, but in India, VSF increase was about 15 per cent of local production capacity.
As the Chinese cotton market continues to develop, the cotton market in South Asia and Southeast Asia such as India and Indonesia is also catching up rapidly. Production and consumption capabilities of spinning and fiber have improved in differing degrees.