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2017-06-09 16:00:00
World market likely to witness a marked increase in cotton production
Indian cotton growers have already signalled their intention to plant more. Area coverage as of June 2 was 12.2 lakh hectares, sharply up from 9.4 lakh hectares this time last year. The aggregate
2017-04-21 16:00:00
RIL commissions largest and most complex ethane project
Mukesh Ambani-led Reliance Industries Ltd (RIL) announced that it has completed its Ethan project with the commissioning of its ethane receipt & handling facilities and ethane cracking, at its Dahej
2016-12-24 10:00:00
Bangladesh may emerge as largest importer of Indian cotton
India’s exports of cotton and cotton products, such as yarn and fabric in 201-17 to China, the world’s largest textile and garment exporter, dropping to $416.14 million, while those
2016-09-10 12:00:00
India’s cotton stock dwindling raises concern for textile mills
India, the largest producer of cotton but its closing stock for the 2016-17 cotton season (October-September) is projected at 13 lakh bales (a bale is 170 kgs), the lowest in five years. The country
2016-03-27 16:30:00
Kalyan Silks opens showroom in world class shopping destination Muscat
Kalyan Silks, the world’s largest silk saree showroom network, has been the most trusted brand in Kerala for more than a century now rewrites history by opening the 25th showroom in its ever
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
2015-08-20 17:00:00
Pakistan cotton trade to take a hit with China seeking to release its stocks
China is the world’s leading consumer of cotton, with an annual consumption of some 34 million bales as per USDA estimates seeks to release its government stocks, rather than rely on imports.
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
2015-07-09 15:00:00
BP officially starts up world’s largest PTA unit at Zhuhai
BP Zhuhai, in which BP and Zhuhai Port Co. hold an 85 percent and 15 percent stake respectively, is the leading Sino-foreign joint venture producing and marketing PTA in China has officially started
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