Friday, July 30, 2010 1:31

Japan`s shuttleless loom exports drop 87 percent in April

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Published by Editor on Wednesday, June 3, 2009, 8:11

According to Japanese Ministry of Finance trade statistics, April exports of shuttleless looms fell by 87% or 1,403 looms from the same month of the previous year to 209. In value, exports dropped 91% to 563 million yen.

Exports to China were maintained at the 150-loom level in February and March, but declined to 88 in April. It was the second lowest level next to the 132 looms exported to China in January.

January-April exports amounted to 895 looms worth 2,578 million yen, down 85.6% (5,324 looms) in volume and 89.5% in value.

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Source: Asian Textile

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