Cotton yarn exports in India declined by 11.58 per cent in terms of value and 4.44 per cent in terms of volume during April – June this year compared to the same period last year. Cotton yarn exports to China, being the major consumer has declined. China imported 149.66 million kg of cotton yarn during the first three months of last financial year (2015-2016) and it dropped to 99.09 million kg during the same period this year. The decline in exports started in April 2014.
Browsing: Southern India Mills’ Association
The Southern India Mills’ Association based in Coimbatore has called for calmness among spinners in India in the wake of the downward cotton production estimate. To offset the abnormal rise in price in domestic markets due to speculation, the Southern India Mills’ Association’s (SIMA) Chairman M Senthilkumar has suggested larger mills to opt for imports to normalise price situation in India.
The Southern India Mills’ Association (SIMA) representing the organised textile industry in South India
The Southern India Mills´ Association (SIMA) representing the organised textile industry in South India is organising SIMA Texfair 2015, 9th edition in its series and also SIMA Farm to Finish Expo 2015, 2nd edition in its series during January 9-12, 2015 at CODISSIA Trade Fair Complex, Coimbatore.