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Search Results for: cotton market

India and Sacu likely to finalize very limited agreement
India is South Africa’s sixth-largest trading partner with trade last year amounting to nearly R50bn. Barriers to trade in India and the sensitivity of some of the products it has proposed for
Closure of Bhiwandi, Malegaon powerloom units to impact textile business
The alarming economic situation at both the textile centres of Maharashtra has left about one million people jobless besides a loss of about 150 crore rupees every day as over ten lakh powerlooms in
Investors to set up factories elsewhere with decline in China’s competitiveness
China’s rapid decline in competitiveness as a manufacturing centre is being displayed both in market analysis and in the number of domestic and foreign investors who are looking elsewhere to
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
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
NIPC in collaboration with CTG to promote Made in Nigeria textile products
In order to promote Made-in-Nigeria products and encourage the revival of the textiles industries in the country, the Nigerian Investment Promotion Commission (NIPC) has decided to work in close
Pak, Thailand agree to start FTA negotiations this September
The first session of negotiations on Free Trade Agreement between Pakistan and Thailand will take place in Thailand on September 27-28 this year. This was agreed during the meeting held by the
Pulp price moves up in China despite weak interest by viscose makers
Pulp suppliers tended to raise their indications numbers, with that hardwood and softwood pulp were both up US$20 a ton in the last week of July. However, no deals were concluded at those levels
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
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
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