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due higher cotton prices
2015-07-10 12:00:00
Export potential for Indian synthetic yarn industry sees sharp decline again
Export potential for synthetic yarn in the Indian industry is seeing a sharp decline again with the dwindling Chinese economy. The recent market crash in China has a lot to do with bleak outlook of
2015-07-08 14:00:00
Indian textile sector likely to see overall stable growth with some hurdles in the current financial year
The Indian textile sector has a stable outlook on the account of lower input costs, robust domestic demand and competitiveness in apparel exports in the current financial year, according to report
2015-06-11 16:00:00
Spinning mills resort to capacity cut to overcome domestic glut
Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to decline in cotton yarn exports to China. China has been a major
2015-03-13 11:00:00
Buyers stayed busy dealing in fine grades amid range-bound trading
Majority of buyers remained busy dealing in fine lint grades as trading remained range bound in cotton market. They made deals for immediate use and fine grades sellers were in driving seat due to
2015-02-20 13:00:00
China to invest billions of dollars in textile factories to create 1mn jobs by 2023
China has assured to end a costly stockpiling program that has artificially exaggerated cotton prices. The Xinjiang Production and Construction Corps (XPCC) reluctant to accept the current weak
2015-02-12 11:00:00
Southern India spinning mills urge textile ministry to expedite bailout package
The spinning mills of southern India is currently facing inevitable liquidity crunch caused by increasing yarn stock, poor offtake and long pending TUF subsidies. Southern India Mills’
2015-01-03 15:00:00
India sought clarification from the WTO on phasing out the subsidy for textile exports
India’s textile and garments sector employ over 35 million people and accounts for over 12% of its total exports. The export subsidies offered by India for Textile and Clothing are under
2014-12-21 10:00:00
Nigerian new policy measures to focus CTG and fashion sector
Nigerian cotton and textile sector once was actually the second largest employer of labour and a critical sector of the economy. There has been a decline due to a number of factors. The Federal
2014-12-16 10:00:00
Chinese group acquired one fourth of Masood Textiles total shareholding
Shanghai Challenge Textile Company, a Chinese company purchased 14.6 million shares of Faisalabad-based company Masood Textile Mills, which constitutes 24.3% shares roughly one fourth of the total
2014-12-06 15:00:00
Mills continue routine buying to meet their need, no extraordinary trading was seen
Pakistan ginners not pleased with current direction of price after the Trading Corporation of Pakistan (TCP) starting its procurement plan. Further due to decline in cotton yarn prices traders
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