Cotton market: Leading Mills Stay Away On Hopes Of Further Slide In Rates

Most of the mills and spinners were on the sidelines in expectation of further decline in prices, dealers said on the cotton market on Saturday. The official spot rate was unchanged at Rs 5300, dealers said. In Sindh, seed cotton prices were at Rs 2500 and Rs 2900 and in the Punjab rates were at Rs … Read more about Cotton market: Leading Mills Stay Away On Hopes Of Further Slide In Rates

Over 1 Million Spindles Closed Down In Three Months: APTMA Chairman

High cost of doing business: Over one million spindles capacity has closed down in the country during the last three and a half months primarily because of the unbearable high cost of doing business. According to Chairman All Pakistan Textile Mills Association (APTMA), Tariq Saud has said that all … Read more about Over 1 Million Spindles Closed Down In Three Months: APTMA Chairman

Quantity Terms: Textile Industry Exports Plunge Again In September

Chairman All Pakistan Textile Mills Association (APTMA) Tariq Saud has said the textile industry exports have once again plunged in quantity terms all around the sub-sectors. "The Federal Bureau of Statistics data shows that the textile industry exports have dropped both in quantity and value terms … Read more about Quantity Terms: Textile Industry Exports Plunge Again In September