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2014-01-21 16:50:00
Demand from Bangladesh and Pakistan help India offset falling cotton exports to China
A plenteous crop and a weaker rupee have made Indian cotton cheaper for overseas textile and clothing makers, many of which are rushing to meet increased orders from the United States and Europe as
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
2014-01-19 15:20:00
Textile Ministry urges government to increase the duty drawback rate
The Indian textile industry will have a major impact due to the decision of the European Union to give zero duty status to Pakistan. In order to overcome this situation, a proposal has been put
2014-01-14 16:15:00
Moss & Associates to design, build Keer cotton yarn plant
Chinese Keer Group Co. Ltd. has appointed Moss & Associates of Greenville, S.C., to design and build a $218 million cotton yarn plant in the Indian Land community of Lancaster County. Don
2014-01-13 17:00:00
BKS, first company to start processing pashmina wool in Nepal
Byabasayik Krishi Sahakari, (BKS) an agricultural cooperative, has recently started processing the wool collected from goats known as chyangra which dwell in the high hills in Mustang district. It is
2014-01-10 09:45:00
Pakistan textile sector going through speculations with surge of foreign interest
Pakistans textile sector is going through speculations these days with a lot of hearsay has been circulating in the market for the last couple of weeks, about foreign buyers vying for numerous
2014-01-07 00:00:00
Turkey coming out as top importer of US cotton
Turkey coming out as top importer of US cotton, as Turkey’s interest in exported cotton has increased due to a revival of its textile industry, which is increasing due to sales to Europe, as
2014-01-06 00:00:00
Paraxylene production to increase with the amendment of Foreign Investment Promotion Act
With amendment of the Foreign Investment Promotion Act, the global demand for the chemical substance is projected to increase approximately 7% each year in the near future. The SK and GS Groups is
2014-01-06 00:00:00
Cotton price expected to remain firm with good export demand
Cotton prices are expected to remain moderately firm in the near term. However, profit booking at higher levels is likely to keep prices under check. However, if the US dollar gets stronger against
2014-01-03 12:15:00
Shandong Ruyi to take over major share of Pakistan textile enterprise
Chinese top textile conglomerate Shandong Ruyi Group is ready to take over major share of a Pakistan’s textile enterprise Masood Textile Mills (MTM), one of the most technologically advanced
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