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2018-01-16 16:00:00
Bangladeshi yarn makers hit as Indian cotton traders halt shipment
Bangladesh imports 46 percent of natural fibre from India spending about $3 billion a year for local consumption. With the sudden cancellation of shipment of 400,000 bales of cotton by Indian
2018-01-15 16:00:00
India cotton traders cancel export deals after rally in domestic prices
The cancellations of export contracts and higher local prices could cut India's exports to 5 million bales, each of 170kg, in the 2017/18 marketing year started on 1 October—nearly a quarter
2018-01-15 12:00:00
Pak exporters unable to finalize orders with European buyers over high price
More than 200 Pakistani companies took part in the four-day Heimtextil fair, the world’s biggest exhibition of home textile that ended on Friday. They had put up stall in the pavilion set up
2017-12-28 15:00:00
Spinning mills likely to revive with trending lower cotton prices
Cotton prices in India have been trending lower in recent months and it is likely to remain low for a while for several reasons which is a big concern for cotton growers, but spinners are finding the
2017-12-15 12:00:00
Cotton yarn exports sees biggest fall both in volume and value to China
Exports of cotton yarn to China saw the biggest fall in both volume and value terms as China, the largest importer of yarn reducing its purchases. As per the data with the Union Commerce Ministy,
2017-11-29 10:00:00
Govt introduces financial assistance schemes for powerlooms weavers
The government has introduced Pradhan Mantri Credit Scheme for powerloom weavers , under this scheme it will provide financial assistance of up to 90 percent. The government will provide margin
2017-11-17 10:00:00
Garment exports fall highest in percentage term in October on GST woes
Garment exports hit hard in October as order bookings didn’t happen due to the ambiguities relating to GST. The fall is one of the highest in percentage term, the worst performing export
2017-11-02 16:00:00
Teejay see decline in net profit over high cotton prices, taxes
Teejay Lanka Plc a Sri Lankan export fabric maker are facing decline in the Net Profit due to the challenges in the markets which saw softer demand, coupled with continuing high raw material price
2017-10-26 14:00:00
Cambodia likely to see slow growth in garment exports this year
Cambodia likely to see a slower percentage of growth, at around 5 percent this year compared with 7 percent in 2016, Ken Loo, secretary-general of the Garment Manufacturers Association in Cambodia
2017-10-21 11:00:00
Global cotton production set to rise by 10pc during 2017-18 season
The global production trends report released this month, the International Cotton Advisory Committee projected world cotton production to increase by 10%, reaching an estimated 25.4 million tonnes
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