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Sirkakulam textile showrooms recorded good sales

Related Keywords: branded dress material, markets of Vizianagaram and Visakhapatnam, recorded good business, Srikakulam district, textile traders

Traders of Srikakulam district have changed their strategy and focused on ambience of showrooms and branded dress material which brought up good business. Textile showrooms in Srikakulam district despite stiff competition from markets of Vizianagaram and Visakhapatnam which are geographically very close to the district has recorded good business in the festival season.

Pakistan cotton market witnessed rates inching up slightly amid modest trading

Related Keywords: buy cotton bales, cotton rates, cotton trading, Ginners, NY cotton futures, Pakistan cotton market, TCP, textile traders

The upward trend in the NY cotton futures helped the rates to inch up amid moderate trading in Pakistan cotton market, according to dealers. While the official spot rate remained unchanged at Rs 5,000.

In the ready session, around 17,000 bales of cotton changed hands at Rs 4800-5300. In Sindh, rates of seed cotton were firm at Rs 2000 and Rs 2050, in Punjab prices of low type gained Rs 100 to Rs 2500 and Rs 2700.

Textile businessmen meet to form AP textile federation

Related Keywords: Andhra Pradesh Textile Federation formed, Krishnaveeni wholesale cloth market, Malleeswara Reddy, Telangana Textile Federation, Textile, textile traders

Textile (Kapada) is an essential commodity and traded by a large section of traders all over the country. Keeping this in view Andhra Pradesh Textile Federation, has been formed by the textile businessmen in the State here on Sunday.

Also dividing line of State necessitated the formation of new body for textile sector. The federation was formed at a meeting held at Krishnaveeni wholesale cloth market here.

Tight verification system to be implemented to curb rising defaults in MMF industry

Related Keywords: Diwali Festival, Federation of Gujarat Weavers Association, FOSTTA, man-made fibric industry, textile traders, Weavers

Textile traders and weavers have collectively decided to implement the form system to curb the rising cases of defaults in the country's biggest man-made fabric (MMF) industry.

If a trader in the textile market wishes to buy unfinished fabrics from weavers, he will have to fill in his phone number, address proof and other details in a form and also provide a passport-sized photograph to them.

Crude oil price and anti-dumping duty on polyester triggers fret for Surat we

Related Keywords: anti dumping duty, costlier, crude oil prices, finished fabrics, MMF hub, polyester yarn, Surat weavers, textile traders

Textile entrepreneurs from the country's biggest man-made fabric (MMF) hub of Surat are concern over the rising crude oil price and imposing of the anti dumping duty on polyester yarn.
 
Rise in crude oil price in Asia due to continuous violence in Iraq, yarn manufacturers have increased the prices of yarn by Rs 4 per kilogram. While with the anti-dumping duty on polyester yarn, the basic raw material for Surat’s MMF sector, the local weavers in the powerloom sector has to heavily depend on domestic manufacturers.
 

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