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Related Keywords: blending purpose, Buyers made sizeable deals for second grade of lint, Demand of second grade of cotton, leading buyers made forward deals, physical prices remained steady, remained dominant, Sindh and Punjab stations, spinners purchased, trading session

Demand of second grade of cotton remained dominant during trading, spinners purchased the commodity for blending purpose at Rs 6,425 per maund while the leading buyers made forward deals for second grade of lint at around Rs 6,400 per maund to Rs 6,450 per maund.

Buyers made sizeable deals for second grade of lint during trading session in Sindh and Punjab stations while physical prices remained steady. Buyers also made deals in all grades of cotton that kept market’s volumes moderate.

Related Keywords: Civil Supplies Minister P Pulla Rao, curb menace of middlemen, directed officials take necessary steps, ensure MSP to farmers, farmers failing to get MSP, Government announced MSP, Guntur district, install CC cameras, Marketing Department, open 43 purchase centres, per quintal of cotton, purchaser offering low price, review meeting held

The government has announced Rs.4,320 minimum support price (MSP) per quintal of cotton, but the farmers are failing to get MSP as the purchaser is offering low price. At the review meeting held by Civil Supplies Minister P Pulla Rao with the officials, directed them to take necessary steps to ensure MSP to farmers in Guntur district.

Related Keywords: 000 leading fashion and lifestyle brands, expanding customer interest, in India, India Handloom Brand, launched its own handloom brand, leading platform for fashion brands, Myntra, Navibhu, partnered over 2, pioneer in m-commerce play, promoted by Ministry of Textiles, support weavers, tap the niche

Myntra is India's leading platform for fashion brands and pioneer in m-commerce play having partnered with over 2,000 leading fashion and lifestyle brands in the country today launched its own handloom brand 'Navibhu' with a view to tap the niche but expanding customer interest in the India Handloom Brand, promoted by Ministry of Textiles to support weavers and promote India's traditional handloom industry.

Related Keywords: Agriculture Department of Punjab, CCAC, crop season 2017-18, current season, estimated cotton crop production, Ginning factory, Ministry of Commerce and Textile Industry, Pakistan Cotton Crop Assessment Committee, reviewed crop output, second meeting with Federal Secretary, volume at 12.60 million bales

The Pakistan Cotton Crop Assessment Committee (CCAC) during its second meeting held here on Thursday with Federal Secretary Ministry of Commerce and Textile Industry Hassan Iqbal in the chair, reviewed the crop output in the country for the current season and estimated cotton crop production volume at 12.60 million bales for the crop season 2017-18.

The meeting was informed that cotton crop output was remained same as forecast in the first review meeting and total production was estimated at 12.60 million bales during the current season.

Related Keywords: exhibiting products, FIEO, held at Dubai, high fashion women wear, India largest trading partner of UAE, Indian clothing and textile experts, Indian pavilion, Indian textile and apparel industry, International Apparel & Textile Fair, kids wear, leading manufacturer exporters, Member Business Delegation, men wear, Technical Textiles

A 112-Member Business Delegation comprising of 51 leading manufacturer exporters from Textile and Apparel Industry from India is in Dubai exhibiting their products in the "Indian Pavilion" at International Apparel & Textile Fair held from 1st to 3rd November 2017 at Dubai World Trade Centre.

According to Federation of Indian Export Organisations (FIEO), exporters body, huge business opportunities exist in the UAE for domestic textile and apparel sector of India. India is also UAE's largest trading partner and export to the Emirates in 2016 touched $32 billion.

Related Keywords: Anant Kumar Singh, BIS, Bureau of India Standards, capitalise strengths, Centre of Excellences in India, eight committees formed, expedite process, FICCI, formulate standards, help identify areas, inaugurated by Textile Secretary, organised jointly by Ministry of Textiles, standards on technical textiles, Third edition of National conclave

The third edition of ‘National conclave on standards on technical textiles’ organised jointly by the Ministry of Textiles, Bureau of India Standards (BIS) and FICCI was inaugurated by the Textile Secretary Anant Kumar Singh on Thursday.

The conclave, since its inception, has been instrumental in bringing together institutional buyers in various segments along with industry to discuss the standards that needed to be formulated by BIS on priority.

Related Keywords: Bihar and Uttar Pradesh border check post, despite GST Council relaxing, e-way bill norms till 2018, good amount of business, hit hard, ongoing marriage season, returning huge quantity of fabric parcels, Surat textile traders, valued at crores of rupees, want of the e-way bill

Surat textile traders, hopeful of doing a good amount of business during the ongoing marriage season has been hit hard as Bihar and Uttar Pradesh border check post has started returning huge quantity of fabric parcels valued at crores of rupees due to the want of the e-way bill.

Traders stated that despite the GST Council relaxing the e-way bill norms till 2018, local GST officials in Bihar and Uttar Pradesh are not allowing the textile goods to enter the states without e-way bill.

Related Keywords: challenges in the markets, continuing high raw material price escalations, ending of tax holiday, facing decline in Net Profit, Group recorded decline in net profit by 37 percent, Rs370 Mn for the quarter ending September, softer demand, Sri Lankan export fabric maker, Teejay Lanka Plc

Teejay Lanka Plc a Sri Lankan export fabric maker are facing decline in the Net Profit due to the challenges in the markets which saw softer demand, coupled with continuing high raw material price escalations and the ending of the tax holiday. The Group recorded decline in net profit by 37 percent to Rs370 Mn for the quarter ending 30 September 2017 against last year’s Rs590 Mn

Sales rose 16% to Rs6 billion, according to interim accounts filed with the stock exchange.

Related Keywords: acquisition expands company product offerings, Chris Fredericks, completed integration for the acquisition, Pacific Coast Fabrics, President for Top Value Fabrics, printable textiles, strengthens West Coast distribution network, Top Value Fabrics, transition to become one company

Top Value Fabrics has completed the integration for the acquisition of Pacific Coast Fabrics. Chris Fredericks, President for Top Value Fabrics. Fredericks said that their transition to become one company is complete. Since their announcement in June, they have received tremendous support from both customers and industry partners. On behalf of their team, he thanked everyone who has helped to make this a smooth transition.

Related Keywords: 450 per maund, all grades of cotton, better grades of lint, buyers making deals, consolidate their long positions, Demand of better grades of white gold, fetch better prices above Rs 6, leading buyers made forward deals, likely to keep prices steady, Raw grades of lint, replenished their second grade of lint stocks, spinners and mills

Demand of better grades of white gold likely to keep prices steady while better grades of lint would fetch better prices above Rs 6,450 per maund with buyers making deals in all grades of cotton. The leading buyers made forward deals to consolidate their long positions.