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Surat textile industry reeling under subdued capacity utilization over GST
The Surat-based textile industry is still reeling under the goods and services tax (GST) impact. The current production is down to 2.5mn meter against 40 mn metres per day in the Rs 500 bn
AICC in Malawi urge govt to make K3.5bn investment into cotton industry
Malawi’s cotton production has gone down from 100,000 metric tons in 2012 to around 15,000 in 2017, to revive the industry which it says is at the verge of collapsing, the African Institute of
Cotton price rise to season's new high of Rs7,800
At the cotton market in the backdrop of fast dwindling stocks of quality lint amid rising demand, cotton prices scales to season’s new peak of Rs7,800 per maund on Friday. On the other end,
Spinning mills likely to revive with trending lower cotton prices
Cotton prices in India have been trending lower in recent months and it is likely to remain low for a while for several reasons which is a big concern for cotton growers, but spinners are finding the
High demand for cotton has soared happiness of Saurashtra farmers
High demand for cotton in the domestic as well as international market has soared the happiness of cotton farmers of Saurashtra,the hub of cotton farming. Demand for cotton in Pakistan, China,
Plans to set up naphtha cracker in the next 5 years in Pakistan
The Chinese are showing interest to invest for the Naphtha cracker. There have been talks for its investment, and Pakistani companies are ready to invest too. The plan is that they will set up
US to impose AD duties on imports of fine denier PSF from 4 countries
The preliminary anti-dumping determinations by the US department of commerce that producers and exporters from the 4 countries China, India, Korea and Taiwan are selling merchandise at less than fair
China's green shift momentum growing
The China’s green manufacturing momentum is growing, as a record number of eco-friendly manufacturers showed up at the 2017 Intertextile trade show in Shanghai, although they’re still a
Nylon market strengthens on support from upstream and slightly tight supply in November
Benzene markets in Asia hit an eight-month high in November 2017 on strong buying interest and high upstream prices. In US, spot benzene prices jumped on tight prompt supply during the month. Supply
ASF price declines in India, firm in China
In China, ASF prices rolled over in the first week of December with medium-length fibre and cotton-type flat on the week. Taiwan origin 3D bright ASF tow offers were up US cents 4 a kg during the
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