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2014-12-16 10:00:00
Chinese group acquired one fourth of Masood Textiles total shareholding
Shanghai Challenge Textile Company, a Chinese company purchased 14.6 million shares of Faisalabad-based company Masood Textile Mills, which constitutes 24.3% shares roughly one fourth of the total
2014-10-01 14:00:00
Chinese firm Shandong Ruyi withdraws from acquiring Masood Textile Mills in Pakistan
A group of investors led by a Chinese company Shandong Ruyi Science and Technology Group, who were to acquire Masood Textile Mills Faisalabad-based, vertically-integrated textile manufacturing
2014-07-20 12:00:00
Pakistan govt policies fail to encourage textile sector in last five years
The All Pakistan Textile Mills Association (Aptma) on Friday appreciated the overall increase in textile exports, which went up by 3.9 percent, but expressed trepidation over decline in exports to
2014-07-17 15:25:00
Cotton sowing reduced by half over last year in India
Cotton sowing is almost half of the normal sowing which was done last year as farmer were able to completed sowing on some 45.2 lakh hectares of cotton growing region of the country as opposed to 92
2014-05-09 16:00:00
Adam Investment’s thorough planning brings profit into loss making apparel firm Orient Garments
Orient Garments PLC, is a subsidiary of Adam Investments Plc, a young investment company having interest in apparel after thoroughly assessing the situation of a loss making Sri Lankan apparel
2014-04-07 10:00:00
China sets cotton target price at19,800 yuan for 2014
China scrapping its contentious cotton stockpiling policy this year has moved to direct subsidies for farmers. Under this policy, the farmers can sell cotton at market prices and will receive
2014-03-24 12:20:00
Rising in paraxylene prices did not help polyester fibre
Demand for paraxylene has apparently rebounded a bit in the week of 21 March and prices were up in Asian markets. Hwever, in Europe paraxylene spot price was assessed down as the market was in bad
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
2014-02-17 16:00:00
USDA projects downward trend for next 2 years in cotton imports by China
The US Department of Agriculture in its long-term projection has stated that the cotton imports by China, the top grower and consumer of the fibre, will plunge for further two seasons, in 2014-15,
2014-01-28 13:30:00
Lackluster trading witnessed at cotton market
Pakistan cotton market trading witnessed dullness as prices remained high but ginners were reluctant to sell their depleted stocks at current rates in anticipation that prices would further rise due
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