by DIGITAL MEDIA EXECUTIVE | Apr 28, 2023 | Finance & Economy
According to the finance ministry’s most recent monthly economic review, India needs to be cautious about potential threats from decreased agricultural output, rising prices, and geopolitical developments. According to the March edition of the review, although...
by DIGITAL MEDIA EXECUTIVE | Apr 21, 2023 | cotton industry, COTTON PRICE
Total Arrival : 1,22,500 Bales MARKET OUTLOOK North Indian cotton yarn prices remained stable due to challenges in the textile value chain and weak demand from the weaving industry. Spinners faced higher costs for natural fibres but couldn’t pass on the...
by DIGITAL MEDIA EXECUTIVE | Apr 20, 2023 | cotton industry, Finance & Economy
The Indian government has been petitioned by the textile sector to waive the 11% import charge on cotton. The levy on cotton imports was established by the Indian government three years ago. At the time, it made sense because Indian cotton was less expensive than...
by DIGITAL MEDIA EXECUTIVE | Apr 4, 2023 | Fashion
According to a new report published by Allied Market Research, titled, “Ethnic Wear Market,” The ethnic wear market size was valued at $89.3 billion in 2021, and is estimated to reach $177.2 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031. The...
by DIGITAL MEDIA EXECUTIVE | Mar 31, 2023 | Global Textiles
In recent years, MSB Consulting (MSBC) has established itself as a one-stop shop for carpet, rug, and home textile machinery. The business, which has won the trust of clients in a number of significant international marketplaces, now anticipates enhancing its growth...
by DIGITAL MEDIA EXECUTIVE | Mar 31, 2023 | cotton industry, COTTON PRICE
MARKET OUTLOOK Today, the BSE Sensex opened at a level of 58571.37 points with a gain of about 611.28 points. On the other hand, the NSE’s Nifty opened at a level of 17256.10 points with a gain of 175.40 points. The Tamil Nadu government has favoured...
by DIGITAL MEDIA EXECUTIVE | Mar 30, 2023 | cotton industry, COTTON PRICE
MARKET OUTLOOK Brazil’s main trading partner, China, is the destination for over a quarter of total Brazilian exports, involving more than US$90 billion in 2022 in transactions of commodities such as soy, crude oil, and iron ore – products that dominate the bilateral...
by DIGITAL MEDIA EXECUTIVE | Mar 23, 2023 | PRICE REPORT
Purified terephthalic acid (PTA) and MELT have seen their costs drop for the coming week thanks to Reliance Industries Ltd (RIL), India’s largest participant in the polyester value chain. Monoethylene glycol (MEG) rates, however, remained constant. This comes...
by DIGITAL MEDIA EXECUTIVE | Mar 23, 2023 | cotton industry, COTTON PRICE
MARKET OUTLOOK India aims to achieve a business size of $350 billion in its textile sector, along with textiles exports of $100 billion. To accomplish this, the central government has implemented several initiatives, including PLI and Mega textile parks, and it is now...
by DIGITAL MEDIA EXECUTIVE | Mar 23, 2023 | Tradefair Organiser
Munich events will welcome back 95 suppliers returning for the first time since 2019 490 exhibiting companies are already confirmed to participate at FESPA Global Print Expo, European Sign Expo and Personalisation Experience 2023, including 95 suppliers who were...
by DIGITAL MEDIA EXECUTIVE | Mar 21, 2023 | agriculture
In March, agricultural produce marketing committee (APMC) yards in the growing regions of India saw a three-year high in cotton arrivals. According to traders and industry leaders, this is due to the natural fibre prices stabilising between 60,000 and 62,000 per sweet...
by DIGITAL MEDIA EXECUTIVE | Mar 21, 2023 | cotton industry, PRICE REPORT
Due to customer reluctance following a recent decrease in the prices of the natural fibre, cotton yarn prices in South India have been finding it difficult to maintain present levels. According to traders, a post-Holi labour shortage and the end of the fiscal year, in...
