Cotton yarn export

The 100 per cent contribution of -EOUs, cotton yarn exports remained robust and achieved a growth of 11.20 per cent and 9.75 per cent in volume and value terms respectively, during the first fourth month of "00.

However, the average unit value realisation for the four months period dropped to Rs.119.59 per kg from Rs.121.27 per kg recorded the previous corresponding period.

Cotton yarn shipments for the January-April ’00 period is pegged at 190.68m kgs as against 171.34m kgs clocked the previous corresponding period. And in value terms exports improved to Rs 2,280.41 crore from Rs 2,077.77 crore achieved during January-April ’99 period.

Analysis of the export data reveal that cotton yarn exports under ceiling category struggling at 41.77m kgs during the current period as against 44.79m kgs the previous period, a negative growth of 6.74 per cent. It may be noted that the annual ceiling under quota is 500m kgs and the first four months utilisation is a minuscule 8.35 per cent.

In value terms, exports under the ceiling category declined 6.72 per cent to Rs 438.62 crore from Rs 470.22 crore. However, the unit value realisation in that category improved marginally to Rs 105.01 per kg from Rs.104.98 per kg.

The performance of the 100 per cent EOUs was stupendous and posted a growth of 35.68 per cent and 36.28 per cent in volume and value terms respectively.

The total yarn exports from these units increased to 109.49m kgs (80.70m kgs) valued at Rs 1,298.34 crore (Rs 952.67 crore). The average unit value realisation improve marginally from Rs 118.05 to Rs 118.58 per kg.


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Cotton support prices

Minimum support prices of cotton have increased. For ‘AF-414’. ‘AH-777’ and ‘J-34’ type cotton it is fixed at Rs. 1575 per quintal.

 
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