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2017-09-14 10:00:00
Turkish firm to make investment to breathe life into Nigerian textile industry
Kaduna, Nigeria, once a textile boom city, having factories that churned out African prints, bed linens, lace and fabrics to decorate homes due to soaring production cost, power shortage and foreign
2017-05-08 12:00:00
Punjab state sets target of 4 lakh hectares under cotton cultivation
The Indian state of Punjab Agriculture Department has set a target of 4 lakh hectares to be brought under cotton cultivation in eight districts of the Malwa belt this season. Last year, the area
2017-04-17 13:00:00
India boost naphtha exports to Japan and other Asian markets
India exported around 895,000 tons of naphtha to East Asia in March, 60-80% more than in February. March naphtha exports from Europe also appear to have grown around 10% from the prior month reported
2017-01-14 16:00:00
Dilution of ten percent in jute packaging order for foodgrains
The Union textiles ministry has allowed a dilution of 10 percent in the mandatory jute packaging order for food grains amid a projected shortfall of more than 0.17 million bales (one bale is 180 kg)
2016-12-03 16:00:00
New cotton arrivals this season affected by demonetization
Demonetization has affected cotton arrivals in the market as farmers are not bringing cotton to the mandis due to widespread prevalence of cash payments. . There has been a 30 percent drop in
2016-09-02 13:10:00
India’s woollen industry facing double whammy
India’s woollen industry is facing distress with decline in exports of woollen yarn, fabirc and made-ups by 48 percent and woollen garments by 9 percent in the first quarter of the current
2016-08-18 16:10:00
VITAS suggests govt to update textile sector development strategy
The Vietnamese textile industry’s export value under the current planning was targeted to reach US$20 billion by 2020, but the figure exceeded $27 billion in 2015 and is expected to hit $31
2016-06-27 16:00:00
China at recent auction on reserve cotton sold 17,500 tonnes of cotton
At the recent auction on reserve cotton initiated by China to fuel domestic mill demand where it sold a total of 17,500 tonnes of cotton on Wednesday. The amount sold represents 97 percent of the
2016-06-07 14:00:00
Garment industry in Fiji returning to normality
The garment industry in Fiji mainly works on cut, make and trim (CMT) basis is a major employer and an important source of export revenue. More than 40 garment companies operate in Fiji, 15 of which
2016-03-25 12:00:00
Bangladesh yarn makers benefit due to cotton prices decline worldwide
The declining cotton prices worldwide have kept Bangladesh yarn market stable in the last one year. About a year ago, cotton was traded at nearly $1 a pound in the global market when yarn was sold
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