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2014-02-15 14:00:00

Textile industry in Punjab quivers due to load shedding

Punjab-based textile industry unable to operate to the fullest capacity, due to the prevailing energy crisis, despite holding the GSP plus status from the EU since January 2014. This province is a

2014-02-13 14:00:00

Continued buying from spinners kept cotton prices firm

Prices remained firm over continued buying from indigent spinners and a stable conditions prevailed on the cotton market on Wednesday. But around quality lint, much of activity was witnessed as

2014-02-04 10:45:00

Pakistan textile city to be launched in April to get GSP plus status benefits

The federal government has initiated a mega project, Pakistan Textile City, with a vision to develop and operate Pakistanâ€™s first state-of-the art industrial zone near seaport dedicated for

2014-01-28 17:45:00

Welspun India Q3 PAT touches Rs 109.5 cr

Welspun India Ltd is a fully integrated home textile manufacturers and one of the top three globally, in a released today announced that its profit after tax (PAT) has touched Rs 109.5 crore during

2014-01-21 11:15:00

Pakistan textile and clothing export reached $6.944b in the first half

Pakistan's textile and clothing export reached $6.944 billion, a growth of over 8.36 percent in the first half (July-December 2013) of the ongoing fiscal year from a year ago from $6.409 billion

2014-01-15 13:00:00

Chinese yarn makers shifting overseas unhappy by local cotton prices

Chinese yarn makers have started shifting production overseas to secure cheaper raw materials, even going as far afield as the United States. The world's largest, firms such as Hong Kong-listed

2014-01-12 16:00:00

MoU inked to brings investment of $2b in Pakistan textile industry

The Punjab government has signed a memorandum of understanding with the Chinese group, Shandong Ruyi Group for investment of $2 billion in the Pakistani textile sector to establish a textile

2014-01-12 15:00:00

Constant demand for cotton leading to rising trend in prices

The constant demand from leading spinners for quality cotton has maintained rising trend in lint prices. However, on the other hand slow arrivals of phutti (seed cotton) have kept trade volume from

2014-01-10 00:00:00

Pakistan cotton output to surpass 13 million bales

The Cotton Crop Assessment Committee (CCAC) after several revisions had finally set a target of 12.36 million bales for 2013-2014. However, the current production statistics depict that cotton output

2014-01-05 12:10:00

Trading activity continued to remain slow on cotton market on price discord

Trading activity continued to remain slow on the cotton market on Saturday with both buyers and sellers making every efforts to turn the prices in their favour. Most buying deals offered by

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