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2015-02-07 11:00:00
ATA and GES to bring revival in Nigerian Textile Industry
Cotton was one of Nigeria’s major export commodities and formed a major component of the gross domestic product (GDP). The collapse of agriculture as a result of the discovery of oil
2015-01-15 10:00:00
Cotton yarn spinners in somber mood over slow demand and compressed prices
A sharp decrease in price of raw cotton in domestic market this year has failed to cheer the yarn makers as buyers of cotton yarn are procuring yarn at a negotiated prices. Last year, the cotton
2014-12-26 11:00:00
TN textile sector seeking govt support to move up the value chain
Tamil Nadu textile industry has lot of potential and is looking for government’s assistance to move up in the value chain. Their share of yarn exports was nearly 60 percent. The industry in
2014-11-25 17:33:00
Spun yarn export declines sharply, apparel also slows down
A weaker rupee and steady demand from China and US had helped the textiles exports in the past year. From April, demand for raw material like yarn from China has fallen dramatically and inventory
2014-11-24 17:00:00
Indonesian textile industry players looking for stronger trade pact as it aims high
Indonesia currently ranks ninth in global textiles exports and with the Indonesian textile industry growing steadily, sector players are looking for stronger trade pacts as well as more investment
2014-11-07 14:00:00
Welspun India focus to strengthen leader position in home textile category
Welspun India, a part of the USD 3 billion Welspun Group, one of the top three home textile manufacturers in the world and the largest home textile company in Asia. With the 170,000 spindles and 140
2014-09-12 12:00:00
Russia to develop a new $300 mn complex for the production of man-made fibres in the Ivanovo region
In Russian, at present the situation in the man-made fibre industry remains complex, this is reflected by the fact that, despite numerous investment projects, which have been declared in Russia in
2014-09-08 17:00:00
Russia to impose ban on machinery import for technical textiles and nonwovens production
The Russian government has recent taken up decision to impose a ban on the import of industrial equipment from Western countries. The decision was the Russian government’s response to recent
2014-09-08 12:46:00
Falling crude triggers cost reduction in raw materials for making polyester
In the week ended 5 September, crude oil prices climbed more than US$2 early in the week as the markets bounced off several month lows hit in the previous week. Also prospects for peace in CIS and a
2014-08-20 11:30:00
Range-bound trading seen at major Punjab and Sindh cotton market in Pakistan
Trading in major stations of Punjab and Sindh remained range-bound with growing demand for fine grades, while prices of all grades remained cost-effective. Spinners bought all grades on cautious note
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