Increased supplies and procurement of cotton across Gujarat, Maharashtra, Andhra Pradesh, Haryana and Punjab has led to a fall in prices of the fibre and cotton oil cake. The market trend was steady on Wednesday with demand from exporters, spinners and cattle feed manufacturers across the country. The current price of export quality Shankar 6 was at Rs 33,800 per candy of 356 kg in Rajkot, a fall of 1% in a week. Along side, MSP procurement operation by the Cotton Corporation of India (CCI) wa

Export of ready-made garments (RMG) from Bangladesh has been rising while the supply of the item to the world market from India and Pakistan falling over the last several months, trade sources said on Sunday. Export of Bangladeshi RMG products including the knit and woven apparels registered a 16 per cent growth in the first four months of the current fiscal year (FY) 2011-12 to more than $6.6 billion compared to the corresponding period of the last FY. During the period value added textil

Kuwait's crude oil exports to South Korea in November surged 74.4 percent from a year earlier to 14.06 million barrels, or 469,000 barrels per day (bpd), latest data released by the state-run Korea National Oil Corporation showed. As South Korea's No. 2 supplier, Kuwait provided 17.5 percent of the Asian nation's total crude oil imports in November. In the January-November period, Kuwait boosted sales to the world's fifth-largest crude importer by 19.2 percent year-on-year to 124.13 million

Photo: Farmers hope for economic revival with a resurgent cotton industry after a decade of chaos C?te d’Ivoire's cotton industry is regaining momentum after being nearly decimated by a decade of political chaos and conflict. Farmers in the cotton-growing northern regions, which came under insurgent rule, are hopeful of returning to economic stability. Before the 2002 crisis, C?te d’Ivoire was among West Africa's main cotton producers, with an output of 400,000 tons per year. Up to 50 p

Item WidthCM Specification/Weight（meter） Wholesale Price: yuan/meter Wool/polyester woolen cloth 150 600 26．50 T/C80/20 machine Dyed Plain fabric 150 45S×45S 110×76 6．40 Polyester golden-thread slubbed window screen 280 300 11．30 Nylon/polyester double wale dyed window screen 280 Nylon/polyester30D×20D/35tatting 4．00 Full-size polyester clipping printed curtain fabric 280 600

Textile Workers Stakeholders in the Cotton, Textile and Garment sector have called on the Federal Government to make available an intervention fund of about N1 trillion, as well as a longer tenor rate to aid the growth and development of the sector. Already, the Bank of Industry (BoI) stated that about 60 per cent of the N100 billion intervention fund has been disbursed to the sector in the last two years. Speaking at a validation workshop organised by the Bank of Industry in collaborat

Due to disruption of electricity and gas supplies to industry across Punjab, the managements of textile mills have started deferring procurement of lint from ginning factories, creating apprehensions in the cotton industry, claims senior member of Pakistan Cotton Ginners Association (PCGA) on Monday. There are concerns about retardation in production process, slowdown of cotton exports, resulting in unemployment of thousands of workers, as well as fears of economic crisis for ginners and farme

Hit by several factors, the textile and clothing industry in the country seems to have made minimal investment in expansions and new projects this year. The Union Ministry of Textiles announced the Restructured Technology Upgradation Fund Scheme (R-TUFS) in April 2011 with subsidy cap for each value adding segment, such as spinning, weaving and processing. The total subsidy amount allocated for 2011-2012 was Rs. 1,972 crore. It was expected to leverage total investment of Rs. 46,900 crore.