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plunge+december
2017-02-23 11:00:00
Five of eight public sector spinning mills remained closed were reopened
The decision to reopen public sector spinning mills was taken in the discussion convened by industry minister A C Moitheen last week. On Monday five of eight public sector spinning mills that had
2016-12-15 09:15:55
Acrylonitrile price falls in Asia despite high upstream cost
Asian ACN prices fell US$10-11 a ton CFR Far East Asia in the last week of November while Southeast Asia moved down US$10 a ton. Acrylonitrile prices in Asian markets fell on the week on sluggish
2016-02-12 12:26:00
Export of spun yarns made of 100pc manmade fibres down by 19.6pc
100 per cent man-made fibre yarns export from India was at 6.1 million kg in December 2015, down 19.63 per cent as compared to December 2014 and the total comprised 2.90 million kg of polyester yarn,
2016-01-18 16:00:00
Indian textile stocks fetched positive ROI despite lean phase
The stocks of textile companies have performed well in the last one year. Of the 52 textile stocks, 43 stocks have fetched positive ROIs despite Indian textiles going through a lean phase since the
2016-01-11 12:11:00
Falling crude oil sets nylon chain on a freefall
The nylon value chain has lost more than half its values in Asian markets by end 2015 end ever since they were at their yearly peak in May-June. The plunge was triggered by the rapidly falling crude
2015-03-25 16:00:00
Indian textile exports likely to fail in achieving official target $45-bn this fiscal
India‘s overall textile and garment exports, which also include those of jute, coir and handicrafts, likely to increase by 4-5 percent reaching $41 billion this fiscal compared with $39.3
2015-03-18 15:00:00
Zimbabwe govt grants 1 year rebate to clothing and textile industry
At the time when Zimbabwean clothing sector is facing stiff competition from cheap imports that have flooded the market, making locally manufactured clothing uncompetitive. The government has granted
2015-03-13 17:00:00
Textile exporters hit hard as euro tumbles
Businesses close to home and individual textile exporters in Tirupur, Tamil Nadu, who have sizeable exposure to the currency, have been hit hard after the recent drop in the currency’s
2015-03-07 11:00:00
Bangladeshi terry towel makers badly hit due to drop in cotton price
More than 16 big terry towel factories of Bangladesh have been closed in recent times due to drop in cotton prices across the global as they are gradually losing international competition. The
2015-02-20 13:00:00
China to invest billions of dollars in textile factories to create 1mn jobs by 2023
China has assured to end a costly stockpiling program that has artificially exaggerated cotton prices. The Xinjiang Production and Construction Corps (XPCC) reluctant to accept the current weak
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