Home / Knowledge / News / Textiles / Coir exports suffer as tiff between suppliers & producers worsens
Coir exports suffer as tiff between suppliers & producers worsens
22
Sep '08
The coir exporters of Kerala are entangled in conflict with the brown fibre manufacturers and dealers who have stopped supplying coir products to the exporters as their demand for hike in prices has not been fulfilled. This southern state is the major coir product producer in the entire nation and the halt in production process means a direct hit at export earnings.

The suppliers are asking for higher rates as various factors including rise in cost of transportation due to hike in diesel prices has shrunken their profit margins. At present, the cost of raw brown coir has risen from Rs300 to Rs360 per kilogram, which has left the dealers baffled.

Last year the producers received Rs24.50 to 26.50 per kilogram from the exporters for their finished products. But now the dealers under no circumstances are ready to sell the products below Rs26.50 or else they will book heavy losses.

Fibre2fashion contacted Mr S. Poonambalam, President, Indian Coir Exporters Association, who divulged, “Coir yarn manufacturers want coir fibre at cheaper rates or they want a increase of 18 percent in prices from the exporters, which has not been accepted, so they have gone on strike.

“Exporters Association need some kind of export subsidy from government to tackle the situation. Two months back the government was given notice to increase the rates by 18 to 20 percent. Last month the government called for a meeting in which the exporters agreed to a proposal to increase prices by 6 percent.

But the coir yarn manufacturers are adamant on the increase of 18 percent and to get their demands fulfilled they have gone on strike which has brought everything on a standstill. As a result, the exporters are unable to take new orders because they don't know when the strike will get over. “

On the other hand, Mr Papen Kalatuprakal, General Secretary, India Coir Association was positive when he said, “Price problems are there, but that can be settled by negotiations between manufactures and buyer. Presently exporters are having sufficient stock of coir products, so it is not going to affect exports.”

The present situation has made the exporters look at other southern states for manufacturing various coir products.

In 2007-08 the exports of coir items witnessed a drop and touched Rs5930 million from Rs6050 million in the previous fiscal of 2006-07, mainly due to effect of rupee appreciation.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search