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2014-01-24 17:00:00
China to run into shortage of paraxylene supply in 2014
China is the world's largest PX producer, accounting for about a quarter of the global PX production capacity and a major raw material which goes into making of polyester products, will see a wider
2014-01-24 08:45:00
Government establishes ginnery to boost cotton production
Swaziland government to boost its cotton production assisted farmers through the establishment of a cotton ginnery. The project cotton ginnery seeks to reduce imports of cotton for local textile
2014-01-22 17:00:00
SarlaFlex Inc. secured $13 Million in NMTC Financing to expand yarn and thread facility
Sarla Performance Fibers, based in Mumbai, India, under the name SarlaFlex Inc. to redevelop a manufacturing facility in rural South Carolina into the company's first U.S. based yarn and thread plant
2014-01-22 15:55:00
UK textile exporters upset over economic flux
The African market is absolutely important; with large UK textile-sorting merchants send around 65% of their material there. The devaluation of African currencies against the pound is causing a
2014-01-21 16:50:00
Demand from Bangladesh and Pakistan help India offset falling cotton exports to China
A plenteous crop and a weaker rupee have made Indian cotton cheaper for overseas textile and clothing makers, many of which are rushing to meet increased orders from the United States and Europe as
2014-01-21 10:45:00
EBITDA margin of cotton yarn industry expected to see growth in FY14
CARE Research looks ahead to EBITDA margins of cotton yarn industry improving in FY14. However, the industry’s net margins would be constrained by the rising interest cost (due to burgeoning
2014-01-20 14:10:00
China to scrap its cotton stockpiling scheme in 2014
China out with the policy document late yesterday, is the first official confirmation the policy change will come in 2014, although it does not give more specific details on timing and offers limited
2014-01-20 11:25:00
Pakistan textile sector demands restoration of zero-rating regime
Pakistan textile sector demanding restoration of the zero-rating regime, the decision to withdraw zero-rating has adversely affected exports at a time when huge amount of Sales Tax Refunds are
2014-01-18 11:00:00
Cotton production expected to rise on improved acreage, higher MSP in India
India having good monsoon this year, marginal improvement in acreage as well as the yield, coupled with an announced hike in the Minimum Support Purchase Price (MSP), research firm CARE Research
2014-01-18 10:00:00
Egypt's cotton exports affected by rise in its local price
Egyptian rising cotton prices at the local market this year, ensuing a decline in local production brought about by reduced acreage and the lifting of an import ban have hit the Egypt’s cotton
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