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2016-08-26 14:00:00
Nigerian textile import hits around N1.32 yearly
Nigeria has the potential to produce for the local market and also export to the Economic Community of West African States (ECOWAS) market of 175 million people, as well as to the developed world but
2016-08-11 13:00:00
India’s cotton production likely to hit seven-year low in 2016-17
India's cotton production in 2015-16 has declined to 338 lakh bales (one bale of 170 kg each), down 12.4 percent from 386 lakh bales in the previous year, to hit a six-year low, according to last
2016-07-25 11:00:00
Pak apparel industry facing yarn shortage not able to take int’l order
Pakistan apparel industry has been facing severe shortage of cotton yarn at a time when international buyers are planning to place orders for Christmas. The local garment industry due to price
2016-07-13 15:30:00
Spinning mills’ profitability likely to get hit as domestic cotton prices surge
The profitability of spinning companies in the second quarter of 2016-17 likely to get hit, with domestic cotton prices surpassing international cotton prices, adversely impacting the yarn demand
2016-06-19 17:00:00
Steep hike in cotton prices vex textile industry
The textile industry may import more than the estimates as domestic production might be less than the expected 352 lakh bales and also international cotton prices are lower than the Indian prices. In
2016-05-13 13:00:00
Pakistan cotton industry to spend on cotton imports as drought hit crop
Bad weather has hurt both the quality and quantity of cotton harvested, leaving Pakistan’s textile producers struggling as they face lack of supply and higher prices for import. The textile
2016-04-19 17:00:00
Turkey to hit anti dumping duties on U.S. cotton imports
Turkey to hit anti-dumping duties on U.S. cotton imports, the decision to introduce tariffs has been widely expected since Turkey's Economy Ministry said in February that U.S. cotton was hurting the
2016-03-01 17:30:00
Ludhiana garment industry likely to come under the excise net
The garment manufacturing industry in Ludhiana unhappy with the third budget of the NDA government as it has imposed a two percent excise duty on branded readymade garments having retail price of
2016-01-05 15:00:00
MP textile mills hit hard by high cost of production, drop in exports
Madhya Pradesh has about 45 textile mills of which 35 are spinning mills and 10 are composite mills are facing high rise in cost of production by about 10-15 percent due to higher cotton prices,
2016-01-02 13:00:00
US procurement legislation hit order books of Indian textile exporters
The US legislation for federal procurement that demands sourcing of raw materials from the designated countries or domestic suppliers to hit India’s textile exports. In this regard,
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