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2015-08-18 12:36:28
Acrylic staple fibre market remains steady
Acrylic staple fibre markets were calm in the first week of August and prices generally rolled over. In China, mainstream producers rolled over their offers despite upstream acrylonitrile prices were
2015-08-17 15:45:00
China sneezes and textile world may catch cold soon
The People’s Bank of China (PBC) devalued the Renminbi (RMB/Yuan) on 11 August by 2015 by 1.9%, the largest one day devaluation since 1994. The ‘daily fix’ of the currency to the
2015-08-09 13:00:00
Textile mills to meet and discuss on mitigating crisis faced by industry
Southern India Mills' Association (SIMA), apex body of spinners in this region, has convened a meeting of its member mills here on August eight to discuss various problems faced by spinning sector
2015-07-15 17:00:00
TN synthetic yarn manufacturers decide to restrain production
Tamil Nadu textile spinning mills producing blended yarn including polyester cotton by using synthetic material, have decided to stop production during the weekends with immediate effect as losses
2015-06-30 14:00:00
Fibres Conference 2015 to address future of industry to take place in Milan this November
Global fibre and textile supply chains have endured difficult and unpredictable last three years in which raw material prices have soared and crashed. Heavy investment in China and volatility in
2015-06-16 10:00:00
Lotte Chemical Pakistan has sought protection against cheaper imports of PTA
Lotte Chemical Pakistan Limited owned by South Korean conglomerate Lotte and a sole producer of pure terephthalic acid (PTA) used by the polyester industry seeks protection against cheaper imports of
2015-06-14 14:00:00
CITI sought additional allocation of funds under TUFS for spinning sector
The Confederation of Indian Textile Industry (CITI) on Friday sought additional allocation of around Rs.3,000 crore under the Technology Upgradation Fund Scheme (TUFS) stating unhealthy conditions
2015-06-11 16:00:00
Spinning mills resort to capacity cut to overcome domestic glut
Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to decline in cotton yarn exports to China. China has been a major
2015-06-01 11:00:00
Textile industry insist on scraping hank yarn obligation
Texpreneurs Forum,, Secretary D Prabhu stressed the need for rationalizing the MMF (man made fibre) duty structure, total dispensation of hank yarn obligation rule, relaxation in Cabotage law,
2015-05-10 11:00:00
Himachal weaving industry faces difficult with end of subsidy on woollen yarn
Himachal state's weaving industry that was already reeling under crisis for want of proper policy industry. The downward slide in the industry began in late 90s owing to increased competition, lack
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