With a drop in Chinese demand for cotton and cotton yarn during this financial year, stocks available in the domestic market of India have increased. Though the domestic demand continues to be good for yarn and export to other countries is on, there is a fall in prices because of the increase in stock availability.
According to the industry sources, this trend too depends on the variety of cotton yarn. Export demand for cotton and cotton yarn is expected to revive soon as the Chinese policy on import of cotton and cotton yarn will be clear in a month.
T. Rajkumar, chairman of Southern India Mills’ Association said that prices are expected to remain stable for cotton and cotton yarn in the coming weeks. Improvement in exports will revive the sector. They are confident that the industry will pick up this year
However, the power loom weavers in the district with the drop in cotton and yarn prices, not only the prices for fabric are affected but the demand for fabric has fallen in the last one month.
Claras Materials LLC has announced its launch as a specialised supply chain company focused on post-consumer textile raw materials.
Aegis Fibretech has presented results showing that its new electrospun materials can capture and contain neutrons generated in nuclear fusion…
Denim Deal, an initiative to promote circular practices in denim production, is working toward expanding textile recycling efforts in India…
Natural Fiber Welding (NFW), based in Peoria, Illinois, has introduced Pliant footwear outsoles made entirely from bio-based natural rubber.
Inspired by racquet sports, Pangaia has introduced a new collection that focuses on movement, material innovation, and modern dressing.
Karl Mayer has officially launched its Textile Innovation Center (TIC), marking an important step toward advancing global textile innovation and…