Dow | YnFx - Part 219

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2016-01-05 13:00:00

Surat textile supply affected as STGTA calls indefinite strike

Surat traders of man-made fabrics (MMF) including saris and dress material are still facing the heat from southern markets, especially Chennai and Andhra Pradesh due to the recent devastating floods.

2016-01-05 05:37:42

India’s cotton export sees robust growth

India’s cotton fibre export was at 214 million kg or 1,263,835 bales (of 170 kg each) in November 2015 valued at US$291 million and witnessed a robust growth of 166 per cent from October numbers.

2016-01-05 05:08:51

India’s polyester-viscose yarn export tumbles

In November 2015, US$12.7 million worth of PV yarns were exported from India with volumes at 4.8 million kgs. Also, blended spun yarns export was down 3.7 per cent YoY in value terms while volumes

2016-01-04 12:58:24

India’s polyester-cotton yarn export continue to fall

In November 2015, 6.6 million kg of PC yarns was exported worth US$16.3 million. Meanwhile, blended spun yarns export was down 3.7 per cent YoY in value terms while volumes were down 7 per

2016-01-02 15:00:00

TN power loom units demand reduction of VAT on cotton yarn

The Central Sales Tax on the yarn is two percent, while in Tamil Nadu; the Value Added Tax (VAT) is five percent on cotton yarn. Further, fabric is exempted from VAT here. With the high VAT rate on

2016-01-01 12:00:00

Textiles Ministry urges to review the proposed effluent norms

The Textiles Ministry has urged the Ministry of Environment and Forests to review its proposal to mandate virtually to textile units to reduce their effluent discharge to zero, as most of the

2015-12-31 15:00:00

Funds allocated for setting up incubation centres for technical textiles

Kavita Gupta, Textile Commissioner, at the inauguration of the joint technological conference of textile research associations on Wednesday said that the Union Government has allocated Rs.17.40

2015-12-31 14:00:00

Rise in exports assist India to trim spending on cotton purchases

Cotton crop failure in Pakistan has led to coercion for the nation to raise its imports following the hike in local prices. This has profited the worldâ€™s largest producer of the cotton fibre.

2015-12-31 06:37:07

Acrylonitrile prices surge amid tight supply in Asia

Asian acrylonitrile marker the CFR Far East Asia further surged US$20 a ton in the third week of December. In China, offers for offshore cargoes were at unchanged at US$1,150-1,200 a ton.

2015-12-30 14:00:00

Rising price drive textile mills to imports cotton from W African countries

The price of cotton generally shoots up when the industry needs cotton and when the arrivals have come down in the market. But this year, just two months since new cotton season began and the prices

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