Demand for raw material like yarn from China has declined in the past few months. Falling cotton prices have put pressure on yarn pricing and cutting unit value realization. In October, over 107 million kg of spun yarns were exported worth US $ 343 million or Rs. 2,100 crore, compared to last year, the volumes were down 22 per cent implying fall in unit price realization. Overall unit price realization averaged US $ 3.19 per kg, down US cents 5 from previous month and US cents 31 from October 2013.
