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India - Limited Buying By Mills Keeps Cotton Unchanged
23 Jul , 2012 - India [Free]
With limited demand from mills and restricted selling, cotton prices remained unchanged on Monday. According to traders, prices have gone up in the last week so buyers are inactive for a while. A Rajkot-based cotton broker said, “Mills ....

Zimbabwe - Cabinet Gets Tough On Cotton Ginners
23 Jul , 2012 - Zimbabwe [Free]
Cabinet has urged cotton merchants to submit their costs of ginning per kilogramme as the cotton war continues. In an interview, Agriculture, Mechanisation and Irrigation Development Minister Joseph Made said his ministry had ceased taking informatio....

Bangladesh - Textile Millers, Spinners Downsize Output By 30pc
23 Jul , 2012 - Bangladesh [Free]
Textile and spinning millers have ramped down production by at least 30 per cent after demands for fabrics and yarn from local garment manufacturers have fallen, industry insiders said. Instead, readymade garment (RMG) units, which used t....

India - Government Forms Committees On Handloom Package
23 Jul , 2012 - India [Free]
As if to take the sting out of Monday's dharna by YSR Congress honorary president YS Vijayalakshmi at Sircilla in Karimnagar district on weavers' problems, the industries department on Saturday issued orders constituting state and district level moni....

IVL Starts Operations At New Nigeria Plant
23 Jul , 2012 - Nigeria [Free]
Indorama Ventures Public Company Limited (IVL), the world's leading vertically integrated Polyester Value Chain producer, has commenced operation of its new 75,000 tonne per annum PET Solid State Polymerization (SSP) facility in Port Harcourt, Nigeri....

Turkey Removes Penal Duties Against Indian Cotton Yarn
23 Jul , 2012 - Turkey [Paid]
Growing protectionist actions are applied worldwide. Now discussions between Turkey and India are about to end penal duties Turkey has imposed against India on cotton yarn since July 2011 by demanding safeguard duties between 12 to 15 % over and abov....

Bangladesh - RMG Export Growth Falls Drastically
23 Jul , 2012 - Bangladesh [Free]
The export growth of the country’s readymade garment (RMG), especially the knitwear garments, declined drastically in the just concluded fiscal (2011-12) compared to that in the previous year. The country's apparel export suffered a sign....

South Korea`s June Crude Imports From Iran Down A Quarter
23 Jul , 2012 - South Korea [Free]
South Korea imported just over 176,000 barrels per day of Iranian crude oil in June, down about a quarter from a year ago, as shipments wound down ahead of a complete halt in July due to an EU ban on insuring tankers carrying Iranian oil. ....

Australia - Wool Industry Suffers Labour Slump
23 Jul , 2012 - Australia [Free]
An Upper Hunter shearing contractor says a skills shortage that is plaguing the region is also taking its toll on the wool industry. After some delays due to weather, shearing is getting underway in many parts of the state, including the....

Pakistan - FCC Meets To Discuss Cotton Sowing Targets
23 Jul , 2012 - Pakistan [Free]
The Federal Committee on Cotton (FCC) was informed on Friday that the target for area under cotton has been set as 7.806 million acres (3.159 million ha), which is 11% more than the area from which cotton was harvested in 2011-12, after flood damages....

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