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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 17:42:00
Nylon textile value chain stable but may see prices dropping soon
Asian benzene prices marker rose US$12 on last Friday and US$23 week on week, to be assessed at US$1,244.50-1,245.50 a ton FOB Korea in the week ended 21 March, tracking firmer prices in the US.
2014-03-24 12:59:00
China is importing lesser yarn from India, waiting for cotton policy
China is now buying lesser yarn from India, putting Indian export under pressure. Moreover, buyers in China are insisting on lower pricing citing that Indian rupee has strengthened against US$. Over
2014-03-21 10:50:00
Ethiopia textiles and garment sector exports picking up
The Ethiopian textile and garment sector is under growing pressure to expand more rapidly with the Ethiopian Government setting ambitious goals for the industry. According to the Textile Industry
2014-03-19 12:45:00
Polyester chain prices seen crashing down rapidly last week
As bearish sentiments continue to cast dark covering over the entire chemical fiber industry, prices of most varieties are hitting 11-year low. Producers are caught in great losses and the downtrend
2014-03-18 10:50:00
Unstable currency affecting cotton market
Cotton prices came under renewed pressure in the absence of buying interest. The market is likely to remain unstable, unless dollar-rupee pars settle down. At present, the entire export trade is
2014-03-06 14:00:00
Bangladesh need to boost production capacity of primary textile to face rising challenges
The Bangladesh local garment exporters might face tough competition from India, after signing of the proposed Free Trade Agreement (FTA) between India and the European Union (EU) as India is
2014-02-19 12:00:00
Praj plans to sell more water-treatment plants to textile maker
The Indian industry under pressure to reduce water consumption has created an opportunity for Praj Industries Ltd. (PRJ), a pune-based company to sell their water-treatment and recycling technology.
2014-02-19 11:30:00
Cotton prices remained steady amid routine active trading
The cotton market kept prices steady on Tuesday with the fresh buying interest at lower level, where some needy spinners moved in to reload their stocks. Small millers who are mostly dependent on
2014-02-14 16:30:00
Cotton futures eased on Thursday in heavy trading
Cotton futures eased on Thursday in heavy trading, receding from the 6-month highs, beleaguered from the rolling of closely-watched commodities index funds. Volumes were heavy throughout the session
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