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2015-09-18 10:33:00
XSTOK raises funds from angel investors to expand its reach
XSTOK, a B2B platform to transact surplus textile goods, has raised Rs 3 crore or US$4.52 lakh from a group of angel investors and early-stage investment firm Oliphans Capital, a company statement
2015-09-06 12:00:00
Textiles and textile articles imports from 5 specific regions exempted from Azo Dyes test
Textiles and textile articles originating from specific countries like China, EU, Serbia, Poland and Denmark are exempted from testing of samples for presence of Azo Dyes, according to notification
2015-08-27 09:45:44
Viscose price increase decelerates in Asia
Viscose staple fiber markets firmed up in China and prices continued to rise in the second week of August, due to higher cost amid Yuan depreciation. Low priced medium-to-low-end goods were generally
2015-08-17 08:55:42
Spun yarn price sees continuous fall in Asian markets
Cotton yarn markets saw low transactions in the first week of August for domestic goods in China while imported yarn took a larger share, particularly of Vietnam-origin. In India, although cotton
2015-07-31 15:10:00
Pakistan cotton prices remain under pressure
Pakistan’s raw cotton prices due to fear of rain damage which may produce water-laden lint due to the continuing rainfall in several parts of the cotton belt remain under pressure. Moreover,
2015-07-29 10:28:07
Viscose pricing upward momentum decelerates entering off-season
VSF markets remained northbound in the week ended 24 July, but the upward momentum somewhat decelerated given the recovery in production and hard to push cost pass-on to downstream buyers. In China,
2015-06-22 11:15:00
Yarn prices were stable to down across India, China and Pakistan
Cotton yarn offers were unchanged amid poor sales volume in the week ended 12 June 2015. During the week, viscose yarn prices were range bound due to sluggish sales while spun polyester yarn prices
2015-05-25 11:16:32
Propylene prices down for fifth week in a row impacting acrylic chain
Propylene prices fell for the fifth consecutive week in Asian markets losing almost US$75 over the period. The buy-sell gap widened as buying indications were lower than selling ideas at over
2015-05-04 13:00:00
Birla to create largest branded apparel company merging Madura Fashion with Pantaloon
The Aditya Birla Group plans to create the country’s largest branded apparel company by merging apparel-making Madura Fashion and Lifestyle division from Aditya Birla Nuvo (ABNL) with
2015-03-25 17:19:00
Polyester pricing moderates across the value chain
In the week ended 20 March, prices of polyester chain moderated a bit after generally rising earlier on cost support. While crude oil prices were up as US$ weakened on US interest hike uncertainty,
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