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2015-08-17 15:45:00
China sneezes and textile world may catch cold soon
The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the
2015-08-06 12:10:00
CCI offloads half of its cotton stock under MSP
The Cotton Corporation of India (CCI) which procured 8.6 million bales (1 bale = 170 kgs) of cotton since October 2014, has started offloading the stock in both domestic and international markets
2015-07-22 16:30:00
Export of cotton from India to China see 56.7% drop in 2014-15
Parliament was informed today that the cotton prices in the domestic market are subdued due plunge in India’s exports to China in 2014-15. Export of cotton from India to China has witnessed
2015-07-08 17:00:00
Egypt decides temporarily ban of cotton imports to protect its textile industry
The Egypt’s agriculture ministry on Tuesday took a decision to temporarily ban cotton imports to improve and protect domestic cotton production and defend the interests of cotton producers,
2015-05-19 00:00:00
Asia ethylene-naphtha spread jumps back to June Levels, Europe follows
In April 2015, Asian ethylene-naphtha spread hit a record high amid bullish ethylene markets. The spread jumped US$193 during the month on an average as ethylene prices were under pressure of tight
2015-03-18 14:00:00
Spinners concern over higher consumption and reduced stock of cotton
The higher consumption of cotton this season by the textile industry has left reduced stocks of cotton with ginners which is also worrying spinners who have yet to see the season through. On
2015-02-12 16:45:00
Bangladesh-Nepal Expo 2015 begins in Kathmandu
Bangladesh-Nepal Expo 2015 kicked off on Wednesday with the aim of providing a platform for the business communities of the two countries to foster business linkages. Minister for Commerce and Supply
2014-12-05 10:00:00
Hamid Fabrics to invest Tk70 cr to set up yarn dyeing unit
Hamid Fabrics, a concern of Mahin Group, one of the most reliable players in Bangladesh textile industry, its core activity is to manufacture and export textile fabrics. To meet the growing demand
2014-11-13 14:00:00
CCI to aggressively intervene to prevent distress sale of cotton by farmers
The government on Wednesday has directed the Cotton Corporation of India to increase its purchase from the major producers, including Gujarat and Maharashtra as cotton prices have plunged below the
2014-10-22 16:30:00
TCP to start buying one million bales of cotton from farmers this year
The Trading Corporation of Pakistan (TCP) has not been in the business of cotton purchase since 2005-06, but this year after a decision taken by the Economic Coordination Committee (ECC) the
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