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Search Results for: bales cotton

Incentive announced for textile sector to boost exports
The textile sector in Pakistan had remained stagnant over the last decade due to a number of exogenous and indigenous factors. Under the Pakistan textile policy (2015-19), incentive of Rs 64.15
Textile and clothing sector to get Rs.64.15 incentives to boost exports to $26 bn by 2019
The Pakistan textile industry is the most important manufacturing sector having longest production chain with inherent potential for value addition at each stage of processing, from cotton to
Fine grade lint remained in focus during past week trading
During trading week at cotton market, fine grade lint demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices firm while spot rate
Spinning mills resort to capacity cut to overcome domestic glut
Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to decline in cotton yarn exports to China. China has been a major
Strong buying from spinners kept prices high
Despite the fact that cotton yarn market continues to be sluggish, the expected delay in arrival of next crop is causing some panic among spinners who want to build up stocks. Strong buying from
Focus on fine grade lint was seen during trading week
During trading week, fine grade demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices on firm footings. During trading activities
CCoR recommends merger of Textile with Commerce ministry of Pakistan
The Federal Minister for Finance Senator Muhammad Ishaq Dar chaired the Committee on Restructuring (CCoR) held on March 27th, 2015 recommending the merger of the textile and commerce
Government to enhance competitiveness of textile exports
India’s textiles exports competitiveness is on downward trend even countries like Sri Lanka and Turkey are more competitive in the sector. The Commerce Ministry is considering bringing out its
Indian textile exports likely to fail in achieving official target $45-bn this fiscal
India‘s overall textile and garment exports, which also include those of jute, coir and handicrafts, likely to increase by 4-5 percent reaching $41 billion this fiscal compared with $39.3
Bangladesh govt need to make import rules industry friendly
Bangladesh textile industry is dependent on import of fibres from foreign countries, thus the government need to take steps for making the rules industry-friendly, said Jahangir Alamin, former
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