Textile industries facing difficulties It is really a great irony that while the government is pushing to increase exports, the harassed and greatly burdened are not only facing short supply of these most essential inputs, Gas, Electricity and Water but also to add fuel to the fire, tariff of all … Read more about Textile industries facing difficulties
Modest Trade Amid Pre-Holidays Session
Modest Trade Amid Pre-Holidays Session Modest trading was seen on the cotton market on Thursday as main buyers were conspicuous by their absence amid Eid-ul-Fitr holidays session, dealers said. The official spot rate was unchanged at Rs 4700, dealers said. Seed cotton prices in Sindh were at Rs … Read more about Modest Trade Amid Pre-Holidays Session
JICA To Provide Technical Assistance to Textile Ministry Pakistan
Japan International Co-operation Agency (JICA) on Tuesday extended a helping hand to the ailing textile sector of Pakistan by showing willingness to provide technical assistance to the Ministry of Textile in marketing, products diversification and capacity building of garment technology … Read more about JICA To Provide Technical Assistance to Textile Ministry Pakistan
SSM to show DURO-TW Package Winder At Techtextil India
SSM is exhibiting at the upcoming trade show Techtextil India in Mumbai, which runs from September 24-26, 2015 and will showcase its DURO-TW precision package winder. “The SSM DURO-TW precision winder can be used for all technical yarns up to 50,000 dtex, thereby offering a new level of … Read more about SSM to show DURO-TW Package Winder At Techtextil India
Massive Chinese Cotton Auction Likely To ShakeUp Market China
the world's top cotton consumer, will auction an initial volume of 1 million tonnes of cotton from its 10 million reserves during July and August, said the country's top economic planner on Tuesday, according to media reports. Beijing will offer 330,000 tonnes of domestic cotton from the … Read more about Massive Chinese Cotton Auction Likely To ShakeUp Market China
India Keen To Cooperate With Iran on Textiles
Textile and steel are two important sectors in Iran’s Isfahan province where India and Iran can cooperate for mutual economic development, Indian ambassador to Iran DP Srivastava said. The ambassador’s remarks came in a meeting with head of Isfahan Chamber of Commerce. He expressed India's … Read more about India Keen To Cooperate With Iran on Textiles
Falling Exports Worry Pak Textile Mills
All Pakistan Textile Mills Association (Aptma) has expressed worries over declining trend in textiles exports, saying that the industry is on its way to becoming ‘history’ since the government has turned its back, Pakistani newspapers have reported. “The Association has been blowing the whistle … Read more about Falling Exports Worry Pak Textile Mills
New Crop Cotton Sale Makes Its Debut
New Crop Cotton Sale Makes Its Debut New cotton crop (August 2015 / July 2016) will start being ginned in at least two factories. One factory is located in Matiari in Sindh and the other factory is reported to be in Khanewal in the Punjab. Three or four more ginning factories may start ginning new … Read more about New Crop Cotton Sale Makes Its Debut
Cotton Market: Trade Activity Improves On Rising Demand
Prices halted decline on the cotton market on Saturday as needy spinners indulged in buying to meet their needs, dealers said. The official spot rate was unchanged at Rs 5450, dealers said. In the ready session, over 5000 bales of cotton changed hands between Rs 5400 and Rs 5650, they said. Seed … Read more about Cotton Market: Trade Activity Improves On Rising Demand
Export Parity Underpinning Brazilian Cotton Prices
After successive drops between the period May 5-26, 2015, export parity is underpinning Brazilian cotton prices mainly because of high exchange rate. “In the last week, Brazilian cotton quotes were just 5 per cent above export parity, which had not occurred since mid-March,” CEPEA Brazil said in … Read more about Export Parity Underpinning Brazilian Cotton Prices
Vietnam, Germany to Set Up Joint Chamber of Commerce
Vietnam and Germany will soon establish a joint chamber of commerce to boost trade of both sides to promote and increase business opportunities, especially when the Vietnam-EU Free Trade Agreement is signed, the Vietnam chamber of commerce and industry (VCCI) said on its website. Dr Vu Tien Loc, … Read more about Vietnam, Germany to Set Up Joint Chamber of Commerce
Pak Budget Tries To Boost Textiles Sector
Pakistani finance minister Ishaq Dar has announced a few sops for the country’s beleaguered textile sector in the budget for 2015-16. “Textiles industry is the mainstay of Pakistan's economy. It accounts for more than 50 per cent of our exports value and is the single largest employment … Read more about Pak Budget Tries To Boost Textiles Sector