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Search Results for: pressure

Rain in Texas subdues cotton prices, crop arrivals begin in Pakistan
Widespread precipitation last weekend in US largest cotton growing region, Texas has raised prospect of a bountiful crop in the coming season. This has an adverse impact on cotton prices with the US
China investing US$2 bn to set largest cotton spinning facility in Pakistan
China’s fifth largest textile company, Shandong Ruyi Technology Group is investing US$2 bn to set up the largest cotton spinning facility in Pakistan. It has already bought 1,036 acres of
Pakistani textile earning during the nine months of FY14 sees a drop of 9 percent
The Pakistani textile sector after performing well in the first half of the fiscal year with the appreciation in rupee by almost 6 percent against dollar in the third quarter of FY14 (Jan-Mar 2014),
India’s cotton yarn exports plummet by 25 pc over low demand flow from China
The Indian cotton yarn industry feeling the pressure as China has reduced its cotton yarn import after the announcement of China’s new cotton policy. India has witnessed drop by 25 percent
Performance Fibers decision on transformation process to compete efficiently
Performance Fibers Inc. to stay competitive in the current challenging environment has decided to close its polyester tire yarn plant in North Carolina over the coming 12 to 15 months and transfer
Pakistan cotton market in quandary over rapid revaluation in exchange rate
Low cotton demand was witnessed over sudden change in the export parity with rapid revaluation in exchange rate by 12 percent. Moreover, the spinning industry has already built upon their cotton
China manages to sell 1.86 lakh tonnes of cotton in 4 day of auction
China holds almost 60 percent of global stock almost more than 10 million tonnes, to unwind its cotton stockpiling as held the first auction of raw cotton and test a target price policy in Xinjiang,
Pakistan cotton market witnesses some activity after a quiet period
Some trading activity was seen on the cotton market, after a quiet period. The cotton trade improved to 3,000 bales (155 kilograms each) as some spinning mill-owners made buying in order to deliver
Anti-dumping duty on PTA to affect domestic user industry
The Associated Chamber of Commerce and Industry of India (ASSOCHAM) is clearly expressed its discontent against government imposing of anti-dumping duty on imports of Purified Terephthalic Acid
Bangladesh RMG industry left with no alternative but invest Tk 80 bn to improve compliance
Bangladesh readymade garment (RMG) industry to improve the compliance and fire safety conditions has decided to make an investment of Tk 80 billion to meet the requirements as being demanded by
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