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demonetisation
2016-12-16 07:19:35
Polyester yarn price jumps amid moderate enquiries
In Shengze, offers for 32s and 45s polyester yarn were up in the last week of November. In Qiangqing, offers for 32s weaving yarn were flat on the week. In US$ term, they were up US cents 2-3 a kg on
2016-12-12 10:00:00
Government mulls imposing dumping duty on Chinese cloth
The government is working on a policy to limit the flow of cheap cloth in India for which it is contemplating imposing a “dumping duty†on cloth that comes from China. A policy regarding
2016-12-12 07:07:31
Viscose yarn prices steady in China, India
In China, offers for ring?spun 30s yarn were up US cent 1 a kg in the last week of November, while compact siro?spun 40s yarn moved up US cents 3 a kg. Spun viscose yarn prices were largely
2016-12-12 07:01:14
Blended yarn price declines in India, Pakistan
In Qianqing, PC (65/35) 32s yarn prices rolled over in the last week of November while 45s PC combed yarn prices were stable on the week, however, both were up US cent 1 due to strong Yuan.
2016-12-09 15:00:00
Govt officials visiting textile hubs to help adopt digital transaction
The government has started sending officials to various textile and garment clusters across the country to facilitate the opening of bank accounts for workers, including the casual ones, and help
2016-12-07 15:00:00
Jute supply plummeting after the monetary reform
With the decline of cotton supply to textile units vis-a vis demonetization, the jute supply is also following a similar trend. The supply of raw jute to mills estimated a disruption in the sourcing
2016-12-03 16:00:00
New cotton arrivals this season affected by demonetization
Demonetization has affected cotton arrivals in the market as farmers are not bringing cotton to the mandis due to widespread prevalence of cash payments. . There has been a 30 percent drop in
2016-12-03 11:00:00
Textile units asked to open bank accounts to pay employees
To mitigate the impact of demonetisation faced by the textile units including garmenting units to make payment of wages to workers, the government has asked textile units to bring the textile worker
2016-12-02 04:48:16
Polyester yarn price remains range-bound in Asian markets
In Shengze, offers for 32s and 45s polyester yarn were up in the third week of November. In Qiangqing, offers for 32s weaving were flat on the week. Falling Yuan did not impact pricing in US$ term.
2016-11-30 14:00:00
Gujarat MSME units for textile industry hit hard by demonetization
Gujarat a major hub for textile sector having about two lakh registered MSME units of which several form ancillary units for the textile industry such as for garments or even textile machinery units
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