india+cotton | YnFx - Part 59

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2016-07-18 15:30:00

SIMA welcomes Union Textile Ministry's decision to sell cotton through CCI

Southern India Mills Association (SIMA) Chairman M Senthilkumar thanked the Ministry of Textiles for actively considering the Association plea of selling the cotton only to the actual users and

2016-07-17 12:00:00

CCI to start e-sale of cotton stocks directly to MSMS textile mills

With cotton prices shooting up, the Textile Ministry to keep prices under check has directed the Cotton Corporation of India to sell cotton purchased by it. CCI will start e-sale of cotton stock with

2016-07-15 16:30:00

TN textile mills cut production capacity over sharp rise in cotton price

Following the sharp rise in cotton prices, small and medium textile mills in Tamil Nadu (TN) with a capacity of up to 25,000 spindles have reduced production by about 15%-20% since the beginning of

2016-07-14 12:00:00

Cotton output estimate revised to 338 lakh bales this season

Cotton production is estimated to be 338 lakh bales in the 2015-16 season (which began on October 1) from 386 lakh bales in the previous year as the area under cotton has decreased to 119.10 lakh

2016-07-13 15:30:00

Spinning millsâ€™ profitability likely to get hit as domestic cotton prices surge

The profitability of spinning companies in the second quarter of 2016-17 likely to get hit, with domestic cotton prices surpassing international cotton prices, adversely impacting the yarn demand

2016-07-13 12:00:00

Lift in cotton price seen due to short supply, slow sowing

Lift in cotton prices seen due to short supply and a slower pace of sowing. Another factor responsible for the rally in prices is scanty rainfall, especially in Gujarat, the largest cotton growing

2016-07-12 13:00:00

Renewed buying from spinners pushed cotton prices higher

With needy spinners rushing back eagerly to replenish their stocks to meet their near-future needs, heavy buying was witnessed which helped cotton prices to recover recent losses. The steady flow of

2016-07-12 12:00:00

Kenya to get $45mn credit line from India to boost its manufacturing sector

Prime Minister Narendra Modi who is on a four-nation tour of Africa that is part of a policy push to make India a more global player, economically and diplomatically on Monday extended a $45 million

2016-07-11 15:00:00

Hosiery manufacturers urge to impose restrictions on cotton, yarn exports

Hosiery manufacturers in the aftermath of frequent fluctuations in cotton and yarn prices want the Cotton Corporation of India to not only stop releasing any stock of cotton to traders but they are

2016-07-08 17:00:00

Vietnam to import 12 mln tons of cotton, a 19 pct yoy this year

Vietnam, the world's fifth largest garment exporter, will import 1.2 million tonnes of cotton this year, which represents an increase of about 19 percent from the previous year 2015, an industry

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