yarn | YnFx - Part 48

Punjab govt finally announces reduction in VAT rate on yarn to 3.63pc

Punjab govt finally announces reduction in VAT rate on yarn to 3.63pc

The Punjab Government has finally announced reduction in VAT rate on all kinds of yarn except polyester filament, from 6.5pc to 3.63pc. In this regard, the excise and taxation department issued a

Polyester yarn prices stable in Asian markets

Polyester yarn prices stable in Asian markets

In Shengze, offers for 32s and 45s polyester yarn rolled over in the first week of August. In Qiangqing, 32s weaving were stable on the week. Offers for spun polyester yarns in China were stable amid

Polyester yarn prices stable in Asian markets

In Shengze, offers for 32s polyester yarn were stable in the third week of March and 45s were up US cents 10 a kg on the week. Offers for spun polyester yarns in China were stable, and producers

Nylon yarn price climbs in China

Viscose yarn becomes costly amid increasing demand in India, China

Viscose yarn becomes costly amid increasing demand in India, China

In China, prices of 40s compact siro-spun yarn in Jiangsu were up US cents 5 a kg in the third week of March while 30s spun viscose in Xiaoshan rose US cents 5 a kg. Offers for ring-spun 30s yarn

Blended yarn price inches up in Asian markets

Blended yarn price inches up in Asian markets

In Qianqing, PC (65/35) 32s yarn prices were up US cents 2 a kg in the third week of March while 45s PC combed yarn prices were also up US cents 2 a kg. Blended spun yarn prices moved in

Bangladesh yarn makers benefit due to cotton prices decline worldwide

Bangladesh yarn makers benefit due to cotton prices decline worldwide

The declining cotton prices worldwide have kept Bangladesh yarn market stable in the last one year. About a year ago, cotton was traded at nearly $1 a pound in the global market when yarn was sold

Tax concessions to help revive yarn units of Punjab and Haryana

Tax concessions to help revive yarn units of Punjab and Haryana

Buying of cheaper cotton yarn by fabric and garmenting units located in Ludhiana and Gurgaon from other parts of India had hit local units due to high value added tax (VAT). The tax concessions

Vietnam's rising share in China's yarn market impacts Indian yarn exports

Vietnam's rising share in China's yarn market impacts Indian yarn exports

Indiaâ€™s spun yarn exports in February 2016 were up by 22.8 per cent in volume terms while it declined 17.3 per cent in value terms. Spun yarn (all kinds) shipments in February 2016 were at 158