Page 25 - May-June-2020
P. 25

24 26                                                                 Automation for Spinning Mills


 Primark “Sustainable Cotton                                                                                   ®
 Pak-China FTA dents Indian cotton


 yarn exports
 Programme” to train 160,000


 cotton farmers
 India’s exports of cotton yarn have declined 38.8%   turn, led to a drop in prices.
 during the six months (April to September), with
 June being the worst affected month in the last five   China’s free trade agreement (FTA) with Pakistan
 years. Exports this year stood at 422 million kgs   from April this year is seen as one of the major
 valued at $1.27 billion compared to 654 million kgs   factors for the drop in India’s cotton yarn exports to
 valued at $2.08 billion in the same period last year.  China, which is among India’s top markets.

 Quantity-wise, exports of cotton yarn have declined   There is an import duty ranging from 3.5% to 5% on
 every month from 90 million kgs in April 2019 to 67   cotton yarns imported from India into major
 million kgs in September 2019. The export quantity   markets like China, EU, Turkey and South Korea as
 of 59 million kgs in June 2019 was the lowest   against imports from competing countries like
 monthly export in the last five years. As a result of a   Bangladesh, Cambodia, Pakistan, Indonesia and
 decline in exports this year, the supply of cotton   Vietnam which enjoys benefits of zero duty in these
 yarn has increased in the domestic market and in   markets.

          AGV SPINNING CAN TRANSPORT

          - FREE NAVIGATION
          - SELF CHARGING                  AD
 Fall in US apparel imports from China   - MODULAR GRIPPER SYSTEM

          - CONSTANT USE
 Pakistan booked second-highest growth   - ADAPTED TO WORKER´S
            ENVIRONMENT


 The volume of US apparel imports fell for a second   In terms of individual supplier countries, just four of
 consecutive month in September as additional   the top-ten recorded a year-on-year increase in
 tariffs on clothing imports from China kicked in and   shipment volumes in September, with Cambodia
 the back-to-school season came to an end. Growth   booking the highest growth at 25.59%. China – the   Watch our Product Video
 in shipment volumes from Cambodia surged during   largest supplier of apparel to the US – saw the
 In response to growing demand from customers for   partnership with the social enterprise Cotton
 largest decline in shipments at 13.16% year-on-year
 the month, while China booked the largest decline
 sustainably produced fashion, Primark has   Connect and the India-based Self Employed
 – a milestone that adds to the suggestion that US
 to 1.17bn SME, with imports from the country down
 announced to train 160,000 cotton farmers in   Women’s Association trade union, will receive
 13.3% month-on-month from the 1.35bn SME
 buyers are continuing to explore alternative sourcing
 Pakistan, China and India.  training on the most appropriate farming techniques
 options amid the ongoing trade war with the US.  recorded in August.
 for their land. Topics will include seed selection,
 Introduced since 2013, Primark has already been   sowing, pest management and storage of the
 The latest figures from the Department of
 Pakistan booked the second-highest growth with a
 running a sustainable cotton programme. It further   harvested cotton.
 Commerce's Office of Textiles and Apparel (OTEXA)
 intends to expand it to 5 times the current size by the   16.09% surge to 50m SME. Indonesia recorded the
 only other rise with shipments up 3.18% to 94 SME.
 show the volume of US apparel imports from all
 end of 2022. It hopes by the end it will be consuming   According to a Primark report, in Pakistan where the
 sources fell 6.8% month-on-month in September to
 100pc sustainably sourced cotton across the entire   programme was launched in 2018, farmers there   For more information please contact:
 2.59bn square metre equivalents (SME). The
 Mexico, meanwhile, reported the second-highest
 product range.  who have completed their first year of training have   MR. UWE LENKEIT
 decline at 8.53% to 59m SME. El Salvador, India
 figures also show a 4.34% decline in volume   seen a yield increase of 11.2pc and a 12.9pc   Phone.:  +49 (0)5941 604-267
 against the same month last year and a 2.1% drop   and Honduras all also reported declines at 4.96%,   eMail:   uwe.lenkeit@neuenhauser.de
 According to Primark, Each farmer who goes   reduction in input costs, resulting in an average
 in value terms year-on-year to US$7.77bn.
 0.65%, and 0.62% respectively.
 through the three-year programme, run in   profit increase of 26.8pc.  Neuenhauser Maschinenbau GmbH
           Hans-Voshaar-Str. 5  |  49828 Neuenhaus GERMANY
 October/November 2019  WWW.NEUENHAUSER-TEXTILE.COM
 May/June 2020
   20   21   22   23   24   25   26   27   28   29   30