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Trading activity improves with the rise in phutti supply and drop in rates
The Pakistan cotton market on Monday after an improvement in phutti supply, trading activity improved as exporters also took part due to slip in rates. Dealers said that the official spot rate
Turkey becomes the sixth largest textile exporter in the world
According to a note released by the Turkish Statistics Institute (TÜİK) on 25 August, Turkey was ranked the sixth largest textile and confection exporter of the world by making around 4 percent
South Carolina now home to Chinese textile manufacturers
The prospect of a sweeping Pacific trade agreement led by the United States, and excluding China, is driving Chinese yarn companies to gain a foothold in the lucrative U.S. market. China, once the
Pakistan's premier industry textile in dilemma
The All Pakistan Textile Mills Association (APTMA) has threatened to go on a strike if corrective measures are not taken by the government by August 31. There is a full-fledged Ministry of Textiles
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
GHCL to invest Rs 100 crore to expand its textile capacity
GHCL Ltd, one of the leading manufacturer of home textile, plans to expand its textile business capacity over the next 2-3 years with an investment Rs 100 crores. Of the total Rs 2400 crores top
CCI offloads half of its cotton stock under MSP
The Cotton Corporation of India (CCI) which procured 8.6 million bales (1 bale = 170 kgs) of cotton since October 2014, has started offloading the stock in both domestic and international markets
Cheap cotton and automation is pushing textile industry in US South
In China, manufacturing wages adjusted for productivity have almost tripled over the last decade, to an estimated $12.47 an hour last year from $4.35 an hour in 2004. China’s surging labor
Indonesian TPT industry faces pressure from both inside and outside the country
Indonesian textiles and textile products (TPT) industry in Indonesia is presently facing tough pressure from both inside and outside the country. The performance of the TPT industry over the first
TPP world's biggest trade deal will have both winners and losers
Trade representatives kicked off talks on Trans Pacific Partnership (TPP) in Hawaii on Tuesday, with a July 31 deadline looming on the trade agreement that covers 12 countries and 40 percent of the
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