During February, fibre (cotton, ASF, PSF, VSF and wool) exports stood at 156 million kg, worth US$194 million or INR1,190 crore. Cotton accounted more than 85 per cent of all types of fibre exported during the month at 135 million kg or 800,000 bales worth US$164 million. About 21 million kg of MMF were also exported worth US$30 million.
Bangladesh, China and Vietnam continued as the largest importers of fibre (cotton plus MMF) and together accounted for 76 per cent of all cotton export in February. USA was the largest importer of PSF during the month while China was the major importer of VSF, in similar comparison. Iran was the dominant buyer of ASF. The next major was Vietnam.
Price wise, unit value realisation on ASF export was close to US$2.50 per kg while cotton fetched over US$1.20 a kg. PSF export value averaged US$1.12 a kg while VSF was shipped at US$1.57 per kg.
Source:ccfgroup.com
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