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TJL to acquire an Indian knit fabric manufacturer
Textured Jersey Lanka (TJL) is one of Sri Lanka's most sophisticated facilities, manufacturing knitted fabrics for the intimate apparel and sportswear industries to acquire an Indian knit fabric
NZ wool clip likely to see further decline in upcoming season starting in July
New Zealand, the world's largest exporter of crossbred wool, is heading for its smallest annual wool clip in six years. The national clip is likely to see further decline in the upcoming season
IVL completes acquisition of Cepsa’s PTA plant in Montreal
Thailand based Indorama Ventures Public Company Limited (IVL) completed the deal to acquire the purified terephtalic acid (PTA) industrial plant of Spanish petrochemical company CEPSA Chimie
Bombay Dyeing to divest its textiles processing unit at Ranjangoan for Rs 230cr
Wadia group’s textile firm Bombay Dyeing & Manufacturing Company Ltd (BDMC) has received approval from its board of directors at the meeting held on 25 May to sell/dispose off its textiles
Cotton prices in Pakistan domestic market persists its high rise
The rising cotton prices which had mind- numbing effects on the Pakistan market last week continue to remain fixed in the wake of the fact that the domestic market is left with only 200,00 bales of
Lower level trading activity witnessed on Pakistan cotton market
Some trading activity at the lower level was seen at cotton market on Tuesday as buyers were mostly reluctant anticipating fall in prices in the coming days. However, spinners on their part
Pakistan cotton production this season increased by 11pc over last season
This season cotton production of Pakistan has witnessed growth by 11 percent to 14.871 million bales compared to 13.391m bales a year earlier. Punjab produced 10.896m bales, showing a rise of
CCI put off its plans to float global tender for cotton sale
The Cotton Corporation of India (CCI) has taken decision to release more cotton into the domestic market since domestic market is picking up and not to go ahead with its plans to float global tender
Polyester chain witnessed another bout of cost-push price advances
The polyester chain witnessed another bout of price advances in the week ended 24 April, with polyester staple fibre and filament yarn prices zooming past or almost at par with its previous high seen
Limited business seen on cotton market in anticipation of rise in prices
Mills and spinners kept on the sidelines as ginners were not ready to oblige them in anticipation of rise in prices in times to come. Hence, limited number of deals were finalized on the cotton
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