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2014-01-28 16:30:00
Itochu decides to exit Indo Rama Synthetics, sells its entire 3.5% stake
Itochu Corp, a Japanese trading house who owned 3.5 percent equity stake in Indo Rama Synthetics, polyester manufactured decided to exit the company by selling off its entire equity stake in the
2014-01-28 11:55:00
Govt restores export incentives on yarn shipments, awaiting to hear on FMS
The government partly rolling back its decisions taken in September last year, has restored benefits on cotton yarn shipments under the Incremental Export Incentivisation Scheme (IEIS) for the
2014-01-24 16:39:00
Higher exports boost cotton yarn spinners' profitability
The surge in the demand for cotton yarn in the export market and domestic apparel and home furnishing sector, has renewed vigour and confidence of Indian spinning mills this year. On the back of
2014-01-24 11:30:00
Indian exporters of cotton yarn have been restored back with export incentive
Incentives for raw cotton and yarn exports that were withdrawn in September have been restored back. The Directorate General of Foreign Trade (DGFT), a unit of the trade ministry, gave no reason for
2014-01-23 15:00:00
Cotton yarn spinners banking on export
Good monsoon and a better crop size of cotton may help in keeping the price of cotton viable for the industry in the next few months, thereby increasing the profitability of cotton yarn spinning
2014-01-21 10:45:00
EBITDA margin of cotton yarn industry expected to see growth in FY14
CARE Research looks ahead to EBITDA margins of cotton yarn industry improving in FY14. However, the industry’s net margins would be constrained by the rising interest cost (due to burgeoning
2014-01-16 12:00:00
Bangladesh to be key exports market for Vietnam
The Ministry of Industry and Trade’s (MoIT) Africa, West Asia, and South Asia Market Department considers Bangladesh a market rich in potential, as Vietnam’s 2013 earnings from exports
2014-01-15 13:00:00
Chinese yarn makers shifting overseas unhappy by local cotton prices
Chinese yarn makers have started shifting production overseas to secure cheaper raw materials, even going as far afield as the United States. The world's largest, firms such as Hong Kong-listed
2014-01-13 14:00:00
Lack of credit line creates obstacle for powerloom owners to modernize
In Faisalabad, approximately 250,000 power looms and 80,000 auto shuttle looms are working. Most of these powerloom needs upgradation to product quality products with the grant of the Generalised
2014-01-13 00:00:00
China cotton imports likely to see a drop in 2014-15
Beijing is expected to begin to shift to crop subsidies as early as this year, gutting the stockpiling program that has driven up domestic prices and put a floor under global ones. According to
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