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Vietnam's textile exports rise in Jan-Oct; yarn prices stay pressured

However, Vietnam’s yarn exports fell *.* per cent year-on-year to $*,***.*** million in value, even as volumes increased *.* per cent to *,***,*** tons. This suggests continued price pressure due to surplus supply in regional spinning markets and competition from India and China, keeping unit prices lower.

On a month-on-month basis, textile and garment exports declined *.* per cent in October **** to $*.*** billion, indicating a moderation in buying after peak seasonal orders. Yarn exports in October rose *.* per cent in value to $***.*** million, with volumes up *.* per cent to ***,*** tons.