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Search Results for: PILI

Polyester chain pricing correction continues reflecting oil deflation
Polyester chain prices have started reflecting the deflating oil prices. Beginning at the upstream ethylene prices fell in Asia but gained in US on supply imbalance. Similarly, paraxylene markets
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
Chinese textile industry struggles over slow moving global market conditions
Slow moving global market conditions have hit China's labor-intensive industries, especially garment and textile production. As the textile industry struggles, cotton imports declined 44.9 percent
Zimtrade working towards reinstating glory days of its textile industry
ZimTrade, is a unique joint venture partnership between the private sector and the Government of Zimbabwe, the national trade development and promotion organization formed to assist businesses in
Turkey announces investigation into dumping of US cotton in the country
Turkey, the biggest importer of US upland cotton last year, buying 1.1 million bales worth about $500 million announced the investigation into possible dumping of US cotton in the country, the US
India likely to emerge as world's no.1 cotton grower this year
India likely to emerge as the world's No 1 cotton grower this year which will be for the first time in over 30 years, pushing China from the top spot, due to China’s unusual shift in global
NIFT Bhubaneshwar to boost traditional rich art and craft of the state
The National Institute of Fashion Technology (NIFT), Bhubaneswar to promote rich art and culture of the state has opened up a new department of fashion design which was inaugurated by the Union
Maharashtra's cotton farmers in trouble over erratic rains and surplus cotton in international market
Farmers in Maharashtra’s cotton belt forced to sow their fields a number of times due to erratic rains which has increased individual debts, as farmers who exhausted their institutional credit
Putting off cotton buying only solution to foresee price lower in near future by textile mills
Textiles mills and spinners has decided put off buying cotton and has taken to wait-and-watch approach to stocking the commodity, as they feel that when new crop arrives in a couple of month,
Australia set to touch just below 1 million tonnes in raw cotton exports this year
Australia is all set to touch just below 1 million tonnes in raw cotton exports to become the third largest exporter of raw cotton in the world this year, according to a bank report out on Friday.
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