Blended yarn exports of India declined four per cent in January largely due to a fall in prices.
India is a major producer, consumer and exporter of 100 per cent cotton yarns as well as blended yarns. The major types of blended yarns exported from India are polyester/cotton and polyester/viscose yarns. Other major blend yarn types exported are cotton/viscose, acrylic/cotton, poly/acrylic, poly/wool etc. Most of the blended yarns produced are binary yarns (two component yarns).
The blended fabric market in India has grown at a CAGR of 10.1 per cent. The share of blended fabrics is around 15 per cent of total fabric production.
It is expected that the demand for blend yarn will outpace the demand for cotton yarn in the near future.
Tertiary yarns are also produced to some extent. Though 100 per cent cotton yarns dominate the spun yarn market, the production of blended yarns is on the rise.
In China, imports of yarn have fallen as domestic prices were down due to falling cotton prices. However, PSF and VSF prices were firming up as yarn makers resumed operation. Blended yarn prices generally rolled over.
Yarn suppliers in Pakistan resisted any decline in yarn prices to maintain margins at low levels. Polyester-cotton blended yarn prices of 24s and 31s counts were however, under pressure.