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Search Results for: low demand cotton

SISPA appeals to TN govt to reduce VAT on cotton on from 5% to 2%
South India Spinners Association (SISPA) has appealed to the Tamil Nadu government to reduce VAT on cotton, cotton yarn and synthetic yarn from 5 percent to 2 percent, abolish the one percent cess on
Prices remained within the reach of buyers with some cautious activity at cotton market
Moderate trading was witnessed at lint market in Pakistan with buyers making deals for better grades on slightly higher price amid changing spot rate during trading sessions past week. Buyers also
China likely to see surge in production of ELS cotton in 2015-16
After China abandoned stockpiling last year and offered new subsidies connected to market prices, Chinese farmers have started to plant significantly more top quality cotton, known as extra-long
Active buying by mills keep prices firm at cotton market
Prices maintained firmness at cotton market on Thursday with demand for fine quality from active mills. According to some brokers, supply position is still tight, causing a rise in the rates. The
Pakistan cotton trade to take a hit with China seeking to release its stocks
China is the world’s leading consumer of cotton, with an annual consumption of some 34 million bales as per USDA estimates seeks to release its government stocks, rather than rely on imports.
Ethiopia’s traditional weaving from white cotton is dying out
Ethiopian fashion has entered the international fashion industry, with well-known Ethiopian designers and models running fashion lines in many countries. Despite a fast growing fashion and design
Cotton crop expected to give a record yield in Vidarbha region
Vidarbha which is always linked with agricultural crisis due to rains during the last fortnight have changed the situation. The cotton crop is now expected to give a record yield. Last year was
Cotton mills forced to scale down production by 15-20pc
Representatives of the Confederation of Indian Textile Industry, South India Millers' Association, North Indian Millers Association, and Texprocil met in New Delhi on Monday to take stock of the
Buyers at lint market made forward deals due to poor grade and low volume
During the trading sessions in the past week, buyers at the lint market made forward deals on the back of grade issue and low volumes at around Rs 4,600 per maund to Rs 4,625 per maund, traders said
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
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