by Manali bhanushali | Jun 25, 2021 | Fibres and Yarns, News & Insights
Smriti Zubin Irani, Union Textile Minister, has called for a third-party investigation into the abrupt increase in cotton yarn costs, which has an impact on the prospects of Indian textiles across the value chain. Solution At a virtual meeting on Wednesday organised...
by Manali bhanushali | May 19, 2021 | Fibres and Yarns, News & Insights
Trends that have happened the last decade : A few years ago across the globe there were various types of cotton. India too had its share of 24 mm 25 mm 27 mm 30 mm 32 mm and 36 mm. Today with BT seeds most cotton has collapsed into a narrow bandwidth of between 28 to...
by Manali bhanushali | May 7, 2021 | Industry And Cluster, News & Insights
The Federal Board of Revenue (FBR) has exempted importers of cotton yarn from paying customs duty until June 30, 2021. According to a notification issued by the FBR on Thursday, the federal government has waived the whole of customs duties on import of cotton yarn...
by Manali bhanushali | May 3, 2021 | Fibres and Yarns, News & Insights
The over 60% increment in cotton yarn cost for the last most recent two months has influenced home material exporters in Karur area. With a yearly turnover of Rs 5,000 crore, these material units have requested that the public authority direct yarn trade and loosen up...
by Manali bhanushali | Apr 29, 2021 | Fibres and Yarns, News & Insights
Finally, cotton yarn prices have dropped from the peak seen at the beginning of this year and could decline further from 1 May when a revision in rates is due owing to slack demand. Yarn demand and prices are, notably, low due to the second wave of coronavirus. This...
by thaifilatex | Mar 18, 2021 | Home Textiles, Industry And Cluster, News & Insights
KARACHI: Businessmen in the textile sector have complained that low value-added cotton yarn exports had swollen by nearly 36% in February while cotton, cotton yarn and gas remained inadequate for the country’s industry. In a statement on Wednesday, Pakistan Apparel...
by Manali bhanushali | Jan 29, 2021 | Covid 19, News & Insights
Cotton yarn prices in India have been trekking northwards post the strict lockdown restrictions during COVID-led pandemic. However, the textiles industry along with the market participants now keenly look forward to the price outlook. So far, experts’ view...