Yarn Expo 2018 to showcase latest developments in yarns
The first edition of Yarn Expo 2018 will be held from 4-6 August, 2018 at the Surat International Exhibition & Convention Centre (SIECC), Sarsana, Surat. Organised by the [...]
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Indian polyester and blended yarn sees good demand in export markets
Indian polyester yarn and blends thereof has been in good demand from export markets in recent months. The year on year increases in the past 11 months has been positive, [...]
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Cotton yarn export surges, but weak Rupee brings down realisation
Cotton yarn export continued to remain robust on the low base in June this year. During the month, shipment was at 117 million kg worth US$375 million (INR2,500 crore), 75% [...]
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India doubles duty on textile products, but B’desh enjoys duty-free
The government has doubled import duty on textile products including carpets, woven fabric, jackets and baby garments, among others. In a notification issued on 17 July night, [...]
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India’s textile production declines for thirteenth month in row, how will it recover?
India’s textile and clothing sector is witnessing signs of recovery and expected to perform better in export and domestic markets this year, said an industry official [...]
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Cotton prices, rain, output and MSP relationship
How will spot cotton prices react to the hike in MSP. The union government on 4 July announced a 28% increase in minimum support price (MSP) for cotton in 2018 kharif season. [...]
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US China trade war triggered; the largest in economic history
The trade war between the world’s two biggest economies – US and China, was triggered effective from 6 July with US imposing 25% tariffs on 818 Chinese products from [...]
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Polyester markets were sluggish in June
Polyester prices were sluggish in China this June and weak Yuan pegged values down in US$ terms. Although the markets were supported by rising cost which continued to go up in [...]
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MSP for cotton is now Maximum Support Price, who will bear and benefit
The union government on 4 July announced minimum support price (MSP) for 14 crops sown in the current kharif season with a median increase of 25%, compared with 3-4% in the [...]
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Polyamide or nylon prices up in Asia and Europe this June
Polyamide or nylon resin (chip) market in Asia trended mixed in the last week of June as upstream benzene markets remained at high levels while caprolactum market was flat in [...]
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