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Search Results for: india cotton

China sneezes and textile world may catch cold soon
The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the
Spun yarn price sees continuous fall in Asian markets
Cotton yarn markets saw low transactions in the first week of August for domestic goods in China while imported yarn took a larger share, particularly of Vietnam-origin. In India, although cotton
Indo Rama due to fall in polyester prices recorded lower profits
Indo Rama Synthetics (India) Ltd, polyester manufacturer due to fall in polyester prices and a drop in international demand has recorded a 77 percent drop in its net profit to ₹4.91 crore in
Tirupur mills to monitor and analyse real time power consumed
Tirupur, the largest textile hub, in a project to leverage the Internet of Things concept to see if power consumed can be cut through real-time monitoring and analytics. For yarn spinners, power cost
Spun yarn prices continues to slide down in Asian markets
Cotton yarn prices softened across Asian markets due to persistent weak demand and falling cotton fibre prices. In China, mute demand led to shrinking sales and increasing inventory, which drove
Textile mills to meet and discuss on mitigating crisis faced by industry
Southern India Mills' Association (SIMA), apex body of spinners in this region, has convened a meeting of its member mills here on August eight to discuss various problems faced by spinning sector
Manmade fibre export marginally down
In June, cotton fibre export was at 36 million kg or 210,000 bales (of 170 kg each) valued at US$56 million down 3 per cent as compared to the previous month. Bangladesh, China and Pakistan were the
Yarn Expo Autumn 2015 jumps both in exhibitor number and gross area this time
Yarn Expo Autumn 2015 a 3 day event this year with both the gross area and exhibitor number jumping to an all time high moves to new avenue. This year’s autumn fair will be held at new
FICCI proposes measures to boost textile sector
The panel of FICCI Textiles Committee chaired by Shishir Jaipuria met the Finance Minister Arun Jaitley on Saturday to discuss issues related to the textiles sector and pitched increase in
Kenyan govt to provide Sh680 million to revive and expand Rivatex
The Kenyan government will be spending 680 million Shilling ($6.8 million) to revive, expand and purchase equipment to facilitate operations at the Rift Valley Textile Mills (Rivatex) in Eldoret
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