Cotton and Textile Market News

Mills to stop sales and delivery of yarns for one week

About 500 mills affiliated to South India Spinners Association (SISPA) have decided not to sell or deliver yarns for one week from third week of this month to avoid the traders from creating a situation to source yarn at lower prices.

The decis   ....... Read More

August 12, 2015 831 Likes

Five Indian sectors that will be impacted by China’s yuan devaluation

Just when things were settling down globally, China announced a devaluation of its currency. Chinas devaluation of the Yuan is the steepest in the last two decades.

The Peoples Bank of China cut its daily reference rate for the currency by a    ....... Read More

August 12, 2015 837 Likes

Foreign investors rush to garment, textile field

Japanese Consul General to HCMC Nakajima Satoshi said that many Japanese firms had made moves to invest in the garment and textile industry in Vietnam.

Sixty percent of 500 Japanese businesses under a recent survey affirmed that they were worki   ....... Read More

August 12, 2015 715 Likes

Chinese textile firms moving to US yet to become a trend

While some Chinese textile firms have relocated to the United States, it has yet to become a trend, Texhong Textile Group Ltd. (02678.HK) chairman Hong Tianzhu said.

The industry has a competitive edge in its supply chain in China, with ample r   ....... Read More

August 11, 2015 574 Likes

SIMA thanks Jaya for taking up textile Industry’s cause

The Southern India Mills Association (SIMA) president T Rajkumar has thanked Tamil Nadu Chief Minister J Jayalalithaa for taking up the cause of the textile industry with the Prime Minister last week.

In a press release, Rajkumar appreciated J   ....... Read More

August 11, 2015 667 Likes

Cotton rules flat on limited demand

Rajkot, August 10:

Cotton prices remained unchanged on limited buying from South mills. Kapas or raw cotton declined marginally on poor ginning demand. Gujarat Sankar-6 cotton was ₹33,500-34,000 per candy of 356 kg. About 1,500 bale   ....... Read More

August 11, 2015 764 Likes

Cotton farmer commits suicide in Khammam

Perturbed over rising debt burden, a farmer allegedly killed himself by swallowing pesticide at his agriculture field at Kanapuram in Mudigonda mandal in the early hours of Monday.

Sources said that T. Rajaiah, 45, a cotton farmer, allegedly co   ....... Read More

August 11, 2015 643 Likes

Making better cotton

What does the Better Cotton Initiative mean for cotton growers?

Thats the question Robert Antoshak, managing director of Olah Inc., will pose to Patrick Laine, CEO of the Better Cotton Initiative and Michael Kobori, vice president of sustain   ....... Read More

August 11, 2015 616 Likes

Kudos to Coimbatore!

The Jaguar and Ritz Excellence Awards in Coimbatore reiterated the fact that there is much about tier-two cities that go unheard and unsung, in the face of the juggernaut of media coverage accorded to the big ones. But there are some wise enough to acknow   ....... Read More

August 11, 2015 645 Likes

Technical textiles market to reach US$ 193.7 billion by 2020

The global technical textiles market will reach US$ 193.7 billion by 2020, amplifying at a compound annual growth rate (CAGR) of 4.5% during the forecast period 2015-2020, according to Future Market Insights (FMI) latest research report Technical Textile   ....... Read More

August 11, 2015 608 Likes


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