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2015-02-27 06:16:02
Rising labour costs in 2014 pushes global sourcing costs to increase
2014 saw more wage strikes, resulting hikes and general unrest among workers when rates were not sufficiently raised. But despite discontent among the workforce, wages are up worldwide and labour
2015-01-23 16:45:00
Transporters, processors urged to reduce charges to make Surti fabrics cost effective
The textile traders of Surat's wholesale market to make Surti fabrics more cost-effective for the end consumers across the country have urged the transporters and textile processors to reduce their
2014-12-01 18:10:00
Indian cotton ginning units running below capacity due to less demand and low price
The ginning industry of India is staring at slowdown, on account of subdued demand and disparity in price. According to industry sources, ginning units are running below 65-70 per cent capacity.
2014-12-01 17:30:00
Chinese Cos duped by North Korean textile manufacturers used as a production base
The North Korean manufacturers are known as toll processors and use specialized equipment to produce export bound apparel for the Chinese companies, which supply the raw material. These contracted
2014-11-17 12:00:00
Bangladeshi RMG units increasingly sourcing their raw material from aboard
Bangladeshi garment manufacturers have started looking towards other destination such as China and India for source their raw materials as the local textile mills due to low pressure of gas and
2014-11-10 17:06:00
Nylon yarn makers enjoying increased margins despite soft pricing
Increasing supplies of crude oil from North American shale formations continued to weigh heavily on prices this year, creating a glut in world markets and decreasing demand for oil from the
2014-10-14 16:51:00
Cotton yarn spinning has become more profitable now, but for how long?
Cotton yarn making has become more profitable now than considered, three months ago. And this has been facilitated by the rapid fall in cotton fibre prices over the same period. The margins have
2014-09-30 15:59:00
Will falling crude oil initiate cost easing for polyester makers?
Crude oil prices have lost US$14.23 since their recent peak of US$106.62 per barrel as of 20 June 2014. And this had a decelerating impact on naphtha and its derivatives. Naphtha prices have crashed
2014-09-08 12:46:00
Falling crude triggers cost reduction in raw materials for making polyester
In the week ended 5 September, crude oil prices climbed more than US$2 early in the week as the markets bounced off several month lows hit in the previous week. Also prospects for peace in CIS and a
2014-08-25 16:54:00
Cheaper benzene across markets spells cost deceleration
US spot benzene prices dropped on weaker downstream demand pulling down prices in Asia, Europe and Latin American markets. US spot benzene prices dropped in the week ended 22 August falling below US
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