Home / Knowledge / News / Textiles / Unit prices of textile export products take a direct hit
Unit prices of textile export products take a direct hit
09
May '09
The per unit price realization of the textile and garment industry has fallen substantially in the first few months of the current fiscal (July-June) in comparison to the prices prevailing in the same period of the previous fiscal.

Since the unfolding of the economic crisis, buyers are consistently demanding lower prices for the products which is the main reason for the fall in per unit prices and in order to keep their wheels moving, the exporters are yielding to the demands.

The other big reason is that raw material prices were at their peak in the same period of last fiscal, but in the first few months of the current fiscal, they had bottomed out including those of cotton and petrochemicals, due to crash in commodity prices.

In the first nine months of the current fiscal, exports from the textile and garment industry fell by 7.63 percent to US $7.22 billion from $7.82 in the corresponding period of the previous fiscal.

Among the major textile products which have been hit be lower per unit prices are tents and canvas 12.77 percent, towels 11.53 percent, raw cotton 11.84 percent, cotton yarn 7.80 percent and knitwear down 5.93 percent.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 8th Dec 2016

Cabinet okays reforms to boost jobs in made-ups sector

The Union Cabinet chaired by prime minister Narendra Modi has given...

Textiles | On 8th Dec 2016

R&D is key to textile industry’s growth: Kavita Gupta

Research and development is the key to the growth of the textiles...

Textiles | On 8th Dec 2016

Indonesia may ease procedures for raw material import

In order to boost the competitiveness of the domestic textile...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

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 ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search