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2014-06-17 14:00:00
Brisk cotton trading to be witnessed with arrival of new crop in Pakistan
Karachi cotton market failed to see any trading activity; in fact officially no deal was recorded. The Karachi Cotton Association (KCA) spot rates also remained unchanged. But it is likely to witness
2014-05-20 12:07:00
Spun yarn prices rebound in Pakistan as demand recovers, ducks in China
Spun yarn prices continued shed slightly in the week of 16 May in China, although fibre prices remained more or less stable. However, prices in Pakistan were seen rebounding as demand from overseas
2014-05-12 07:00:00
Cotton yarn makers facing margin pressure over cotton price rise and low demand
Cotton prices that remained stable till February-March is seen gradually rising from Rs 41,500-42,000 per candy to Rs 44,000 per candy, wherein a candy is about 356 kg. The recent rise in cotton
2014-05-06 15:30:00
Fine lint continued to be in focus at cotton trading market
Fine Lint continue to remain in focus at the trading in cotton market amid range-bound as buyers made careful deals for all grades besides deals for selective lots in order to build up inventories
2014-05-05 09:00:00
Performance Fibers decision on transformation process to compete efficiently
Performance Fibers Inc. to stay competitive in the current challenging environment has decided to close its polyester tire yarn plant in North Carolina over the coming 12 to 15 months and transfer
2014-04-26 10:00:00
Pakistan cotton market failed to pick up momentum
Pakistan cotton market failed to pick up any momentum as demand for cotton yarn remind slack. Spinners as well as exporters showed little buying interest, as they are reluctant to enter into any
2014-04-06 17:00:00
BB to initiate its own refinance fund to the tune of Tk 2.0b for jute sector
Bangladeshi business people in the jute sector including exporters and jute mills will now get bank loans with a lower rate of interest under the new Bangladesh Bank (BB) scheme. The central bank is
2014-04-05 14:00:00
Monterey sliver knit producer has set aside $250 million for future expansion plan
Monterey Mills is an industry leader in the American sliver knit fabric industry and the premier supplier of paint roller fabric. It offers a broad range of fabrics for industrial applications
2014-03-28 10:33:00
Import duty rumour sets cotton markets in Pakistan on fire
Rumours that five per cent import duty will be imposed on cotton yarn in Pakistan set the cotton markets on fire on 27 March. The markets swayed on news that recommendation of duty imposition has
2014-03-26 18:11:00
Viscose extends the downtrend, prices yet to bottom out
Bearish end-use sentiment has been casting dark clouds over the entire chemical fiber industry in recent times and prices of most textile inputs have hit an 11-year low. Viscose industry is no
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