000 tonnes | Yarns and Fibers

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Australian cotton production to rise 4% in season 2017-18

YarnsandFibers News Bureau

Related Keywords: 000 tonnes, ABARES, Australian Bureau of Agricultural and Resource Economics and Sciences, Australian cotton exports are forecast to increase, forecast Australian cotton production, grow by four percent, irrigated plantings, largely driven by increase in yields, this season 2017-18, to 968

Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) forecast Australian cotton production to grow by four percent to 968,000 tonnes in this season 2017-18 largely driven by an increase in yields in irrigated plantings.

In the ongoing cotton season, total area planted to cotton is forecast to decline by 10 per cent to 500,000 hectares due to a decrease in the availability of irrigation water and dry seasonal conditions at the opening of the planting window. This forecast is a smaller decline than forecast in Agricultural commodities: September quarter 2017.

Chinese cotton imports to recover than expected this season

YarnsandFibers News Bureau

Related Keywords: 000 tonnes, 5.97m bales, August-to-July basis, Beijing bureau, Chinese cotton imports this season, domestic spinning industry, need for high-quality fibre, pegged at 1.30m tonnes, rise of more than 200, US Department of Agriculture, Year on year

The US Department of Agriculture’s Beijing bureau pegged at 1.30m tonnes (5.97m bales) China’s cotton imports in 2017-18, on an August-to-July basis. A rise of more than 200,000 tonnes year on year – far bigger than the 58,000-tonne increase, to 1.15m tonnes (5.30m bales), that the USDA has officially penciled in.

The bureau’s estimate comes amid persistent market talk that China may be poised for accelerating buy-ins, with some rumours of a potential increase to the import quota of 894,000 tonne allowed in with a 1% tariff, under an agreement with the World Trade Organization.

Ruyi plans to open its cotton yarn unit in Arkansas

YarnsandFibers News Bureau

Related Keywords: 000 tonnes, Arkansas, Chinese textile giant, cotton yarn, f Arkansas cotton annually into yarn, headquartered in Shandong Province, in Forrest City, invest $410 million, plans to open its first North American factory, Ruyi, Shandong Ruyi Technology Group, spin more than 200

The Shandong Ruyi Technology Group (Ruyi), Chinese textile giant headquartered in Shandong Province, China, plans to open its first North American factory for cotton yarn in Forrest City, Arkansas.

Ruyi will invest $410 million to renovate a former Sanyo manufacturing centre in the city to spin more than 200,000 tonnes of Arkansas cotton annually into yarn. The textile giant is scheduled to open in mid-2018. The new unit will create 800 jobs.

Gloster Ltd looking to set up manufacturing unit in Bangladesh

YarnsandFibers News Bureau

Related Keywords: 000 tonnes, annual capacity of producing 50, conducive land, easy availability of fibre, Gloster Ltd, investing Rs500 crore, jute products manufacturer, jute textiles and products, Kolkata based jute bags, labour policy, raw jute, robust demand from international market, set up manufacturing unit in Bangladesh, two business units in West Bengal

Gloster Ltd, a Kolkata-based jute bags and jute products manufacturer who has two business units in West Bengal with an annual capacity of producing 50,000 tonnes of jute textiles and products is looking to set up a manufacturing unit in Bangladesh investing around Rs500 crore.

Some of the key reasons for the company looking at setting up its manufacturing unit in Bangladesh are the easy availability of the fibre – raw jute – and a ‘conducive’ land and labour policy.

News Tags