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2015-04-17 15:00:00
Textile mills in Telangana run out of cotton
Textile mills in Telangana are running out of cotton stock. The raw material stocks at many of the 32 mills are barely enough for ten days, said Sushil Sancheti, treasurer of Telangana Spinning &
2015-04-16 14:00:00
RIL to set up 2 PTA plants will move India to self-sufficiency
Mukesh Ambani-led Reliance Industries Limited will be soon come up with two new petrochemical plants. These plants will be manufacturing polyester plastic that is used in packaging, plastic bottles,
2015-04-13 15:00:00
Focus on fine grade lint was seen during trading week
During trading week, fine grade demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices on firm footings. During trading activities
2015-03-25 17:19:00
Polyester pricing moderates across the value chain
In the week ended 20 March, prices of polyester chain moderated a bit after generally rising earlier on cost support. While crude oil prices were up as US$ weakened on US interest hike uncertainty,
2015-03-22 13:00:00
Cotton prices were mostly stable in Pakistan local market
With cotton price maintaining stability, many medium-size textile mills continued to make need-based buying on day-to-day basis due to availability of limited working capital with them, a dealer said
2015-02-09 12:00:00
India coming up with first yarn bank to support powerloom weavers
The Union ministry of textiles to provide powerloom weavers yarn at concessional rate has formed two special purpose vehicles (SPVs) namely Ved Road Art Silk Small Scale Cooperative Federation
2015-01-09 00:00:00
Cotton Corporation of India to sell cotton from 15 January
Cotton Corporation of India (CCI) which is mandated to procure cotton at minimum support price will start selling cotton from 15 January 2015. According to M. M. Chockalingam, CCI director
2014-12-16 10:00:00
Chinese group acquired one fourth of Masood Textiles total shareholding
Shanghai Challenge Textile Company, a Chinese company purchased 14.6 million shares of Faisalabad-based company Masood Textile Mills, which constitutes 24.3% shares roughly one fourth of the total
2014-11-06 11:00:00
FDI pouring capital into Vietnamese textile-garment industry growing quickly
The number of foreign-invested enterprises (FDI) pouring capital into the textile industry is growing quickly. This year, in the past 10 months local governments have given approval for almost 20 new
2014-10-27 10:00:00
Pakistan value-added textile exports touches $2.3bn in Q1 of fiscal year
Pakistan value-added textile exports has witnessed growth by 10pc touching $2.3bn in the first quarter (July-September) of this fiscal year compared with $2.1bn a year ago. While on the other hand,
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