Mid & small brands fair better in Q3
CMAI’s Apparel Index for Q3 (Oct-Dec FY 2018-19) reveals growth rate was better than previous quarter but still lower than expectation.
Cotton, yarn prices sluggish
In line with the cotton prices, the cotton yarn prices have also witnessed sluggishness during the period.
PTA to face price pressure on fresh supply?
Supply of purified terephthalic acid (PTA) in Asia is expected to lengthen in the second half of 2018 as new capacities will start up in the major markets of India and China, amid a slowdown in demand, according to ICIS, a leading petrochemicals market information provider.
Cotton price to rise 8-10%?
The Cotton Advisory Board (CAB) has revised its cotton output estimate to 370 lakh bales (1bale= 170 kg) from the previous estimate of 377 lakh bales for cotton season 2018 beginning October 1, 2017.
Cotton output recovery continues
Recovery continues in cotton production for 2017-18 with a projected 11 per cent growth due to increased area to a projected 25.4 million tonne (MT).
Apparel Index dips on GST impact
Q2 is the first quarter post-GST. And much like other sectors, apparel brands and retailers too were busy putting GST processes in place and sales suffered a big blow. July was the first month when the industry emerged after clearing pre-GST inventories.
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