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Vietnam textile exports rise; yarn faces price pressure in Jan-Nov

However, Vietnam’s yarn exports fell *.* per cent year-on-year to $*,***.*** million in value, although 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, which kept unit prices lower.

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