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2013-11-22 14:24:57
Polyester spun yarn prices stable as markets roll over
Last week, the polyester spun yarn markets remained tepid with limited new orders as buyers awaited for signal from the upstream fibre markets. In China, offers changed marginally, but transaction
2013-11-22 14:24:57
Karnataka announces new textile policy, to create 5 lac jobs and attract Rs100 bn investment
The Karnataka state government has announced its ambitious new textile policy for 2013-18 and has set a target of attracting an investment of Rs 10,000 crore. It wants to make the state a preferred
2013-11-22 14:24:57
Cotton futures hands back previous day’s gains, hits January low on poor demand
The US cotton future fell to a new nine-and-a-half-month low on 14 November, thus giving back the previous day's gains as demand remained poor amidst rising inventory. The concerns about oversupplies
2013-11-22 14:24:57
Bangladesh garment makers agree to raise worker wage to US$73 pm
After days of labour unrest that forced the closure of hundreds of factories in Bangladesh, the garment manufacturers have agreed to a US$73 minimum monthly wage for the country's four million
2013-11-22 14:24:57
Powerlooms in Maharashtra demand cut in power tariff
The Maharashtra state textile minister Arif Naseem Khan has written to minister for industries Narayan Rane urging that power rates must be reduced in light of wake of strike in the powerloom sector
2013-11-22 14:24:57
Industrial output disappointing, textiles appear better in September
The estimates of Index of Industrial Production for the month of September 2013, released by the Central Statistics Office, indicate a disappointing performance of the manufacturing sector during the
2013-11-22 14:24:57
Garment exporters in China and Bangladesh fear India taking over
2013-11-22 14:24:57
Vinatex to construct textile complex to make yarn and fabrics in Hai Phong
Vinatex (Vietnam National Textile and Garment Group) has plans to build a new textile complex to manufacture yarn and fabrics in the An Lao district of Hai Phong. This is in line with its policy of
2013-11-20 04:42:00
Pakistan cotton production up as arrival increases 12 pc or 1 mn additional bales
World's third largest cotton grower – Pakistan, has produced more cotton than last year. Ginneries have reportedly received 9.518 million bales of cotton up to 15 November 2013, an increase of
2013-11-12 12:20:34
Polyester poised for good growth ahead, may see surplus in 2018
The US$75 billion polyester industry continued to remain as an undisputed leader in the textile Industry. Year 2012 saw its market share increase to over 80 per cent given the continuing population
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