General Directorate of foreign trade registered number of exports in April-May of burberry shirts 134.55 million kilograms, physical quantity shipped an estimated 1-1.100 million kilograms; by contrast, last year shipped quantity-1.5 kg. India General Secretary of the Burberry industry said that the actual shipment usually have 15 days delay period, therefore, we believe that the overall volume of shipment may exceed 110 million kilograms. Burberry demands sharp decline in foreign countries, partly because of government policies.
Last year, the Government set burberry purses exports of up to 720 million kilograms,ray ban caravan, ginning plants carried out 10 months, they expect the Government to extend the amount of execution time, but the Government did not extend amount of execution time. Therefore, almost no Burberry exports in the last two months. Importer of Bangladesh and China had to select the synthetic yarn; these two countries are India main destination of cotton yarn. In the past two months, Burberry prices plummeted 60%. Benchmark cotton 42s on Tuesday traded at 170 rupees /kg.
Overseas markets as well Bangladesh baseline 30s cotton yarn prices in February-March 7 fell to a $ 5 USD /kg /kg. burberry coat is located near Bombay cotton yarn production centers, Burberry enterprise here in order to avoid an increase of inventories, capacity controlled at 40%. Price exceeds Rs 240 /kg at the beginning of this year, Burberry expected prices continue to rise, have built up large stocks. They reduce inventory now, almost two months of sharp increase in supply, far exceeds the demand.
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