Home / Knowledge / News / Textiles / CYAB fixes exportable cotton yarn surplus at 7.2 lakh tons
CYAB fixes exportable cotton yarn surplus at 7.2 lakh tons
30
Oct '10
India's exportable surplus was decided at 7.2 lakh tons by the Cotton Yarn Advisory Board (CYAB). Of the 7.2 lakh tons exportable surplus, only 5.3 lakh tons have been recorded till date. Around 3.9 lakh tons have been exported over a period of last seven months, as per the data available with the Office of the Textile Commissioner.

Following the extraordinary rise in cotton prices and the consequent rise in prices of the yarn, apparel exporters have been asking for a restriction on the yarn exports till the local needs are satisfied. Around 20 percent of the cotton yarn is being exported to other countries of the world.

According to the board, yarn manufacturing is increasing in India and around 3 lakh spindles are supplemented every month. Around 33.7 lakh tons of cotton yarn manufacturing has been estimated for 2010-11.

There is no reason to put a restriction on cotton yarn. The apparel exporters are simply anticipating a fall in the prices in case the yarn exports are stopped. Yarn prices have increased by Rs 21 per kg over a period of one month and it is soon expected to be equal with the polyester yarn prices.

Fibre2fashion News Desk-India

Must ReadView All

Textiles | On 6th Dec 2016

Garments, yarn export entitlement quota extended for 1 yr

Indian government has extended the export entitlement quota for...

Textiles | On 6th Dec 2016

Cash inflow will revive sales: Textile industry

The textile industry representatives are hopeful of revival of...

Courtesy: SIMA

Textiles | On 6th Dec 2016

Amma gave special attention for textile growth in TN: SIMA

Former Tamil Nadu chief minister J Jayalalithaa paid special...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Ashok Desai
Bombay Textile Research Association

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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