All Pakistan Textile Mills Association (APTMA) after announcing its decision that they are closing down their textile mills over dull attitude of the government, delay in releasing refunds and higher cost of doing business, the local markets witnessed sharp drop in cotton prices.
The chairman Cotton Ginners Forum, Ahsanulhaq from Rahim Yar Khan said that on the first day of trading session at cotton market, the cotton prices dropped sharply by Rs 300 to Rs 6100 per maund.
Bearish trend witnessed in the cotton market since last two weeks and on average price of cotton has been declined by Rs 900 per maund, he said.
The continuous bearish trend in cotton market has perturbed the growers and people attached to the cotton circles.
The price of cotton has been down also because of the global price which depicted slow and diminish trend.
Karl Mayer has officially launched its Textile Innovation Center (TIC), marking an important step toward advancing global textile innovation and…
Polartec, a brand under Miliken & Co., has launched Standard Issue, a new pre-dyed option available in black for its…
GFA has introduced the GFA Policy Matrix: Asia, a new resource that outlines sustainability policies across eight major textile-producing countries…
TJX Companies has decided to remove natural fur from its collections, including angora, which comes from rabbits, and mohair, which…
The government of Bangladesh has introduced a detailed and multi-level plan to increase jute production and improve its quality.
Eastman introduced Naia™ Lyte, a new cellulose acetate filament yarn, at the Intertextile Shanghai Apparel Fabrics Spring/Summer 2026 exhibition.