bales+cotton | YnFx - Part 87

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2017-03-16 13:00:00

Slow pace of trading as buyers made selective deals for second grade lint

A slow pace of trading in the lint market witnessed as buyers made selective deals for second grade of lint, while forward deals were also made for better grades, traders said. During the

2017-03-14 12:00:00

Rivatex production hit by acute shortage of raw materials

Eldoret-based Rift Valley Textile Mills (Rivatex) East Africa due to acute shortage of raw materials has impacted negatively on their operation capacity, said Prof Kipkurgat, adding that company has

2017-02-28 12:00:00

Arab investors to explore opportunities in textile industry of Uganda

The three Arab investors, Hassan Al Ghatani from Saudi Arabia, Harabi Al Ghatani from Kuwait and Khalid Abd Al Ghadir from Sudan were in Uganda to explore investment opportunities especially in the

2017-02-23 17:00:00

Bangladesh seeks duty waiver for RMG products in US and Brazil

Bangladeshi RMG products currently do not have duty-free access to US and Brazil, even though these two countries enjoy duty-free access for the cotton they export to Bangladesh for its apparel

2017-02-21 15:00:00

Focus on better grades keeps lint trading selective

Grade issue forced leading buyers to make cautious deals during trading while the market sentiment remained firm, floor brokers shared. Forward trading for a period of a month also took

2017-02-18 14:00:00

Ten Tirupur industrialists committed to invest in Warangal textile park

The Telangana state is trying to woo investors to the mega textile park in Warangal. The park, which is coming up on 2,000 acres, is expected to create large-scale employment. Around 1,200 acres have

2017-02-18 13:00:00

Dull trading activity witnessed at KCE

The Karachi Cotton Exchange on Friday witnessed dull trading activity as it recorded domestic transactions of only 3,000 bales in between Rs6,250/maund to Rs6,800/maund. Transactions were

2017-02-14 15:00:00

Lint prices in local market remained stable

At the Karachi Cotton Exchange on Monday, trading activity remained slow. KCE recorded domestic transactions of around 5,000 bales from six stations in between Rs6,150/maund to

2017-02-13 13:00:00

Pakistan lint producers faces adversity from international competitors

Major lint producers in developing countries especially Pakistan are finding it difficult to capitalize on cost and international price competition as the United States has allocated more than $600

2017-01-27 13:00:00

Lint price remain firm on back on better grades issues

The leading buyers remained selective on grade issues while other buyers made deals according to their immediate need of lint on the back of the grade issue and in anticipation of a decline of the

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