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Yarn prices to increase with a rise in demand: Ind-Ra
August 2021
Cotton yarn and spurn yarn prices to increase with a rise in demand from domestic as well as export spinners. The cotton yarn prices rise is directionally in line with the rise in cotton prices in June 2021.
Rising cotton prices hurting Indian textile industry
July 2021
Steep increase in cotton prices will not only affect the industry and squeeze margins, but will also lead to higher prices in apparel and textile goods for domestic consumers, says Ashwin Chandran, Chairman, The Southern India Mills’ Association (SIMA)
Probe yarn prices to prevent supply chain imbalance
June 2021
According to The Apparel Export Promotion Council (AEPC), the supply chain imbalance can be prevented by a probe into the sudden spike in cotton yarn prices.
Pakistan’s textile exports increase by 18.9% in FY21
June 2021
Pakistan’s textile export in FY21 has registered a growth of 18.9% and is currently standing at $13.7 billion. The same for May 21 registered a growth of 41.1% and is standing at $1.06 billion.
MMF prices to remain volatile in FY22: Ind-Ra
April 2021
India Ratings and Research (Ind-Ra) has revised the textile sector outlook to improving for FY22 from negative, reflecting the likelihood of higher revenues and operating margins, post business disruptions led by COVID-19 in FY21.
MMF prices to remain volatile in FY22: Ind-Ra
March 2021
India Ratings and Research (Ind-Ra) has revised the textile sector outlook to improving for FY22 from negative, reflecting the likelihood of higher revenues and operating margins, post business disruptions led by COVID-19 in FY21.
No cotton/yarn shortage, clarifies Centre
August 2017
In order to ensure availability of cotton for domestic mills, the Indian Government had directed Cotton Corporation of India Ltd to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to spinning mills in the micro small medium enterprise (MSME) category to contain fluctuation in cotton prices.
Brazilian cotton prices up 22.6% in 2016
February 2017
Following a 35 per cent increase in cotton prices in 2015, Brazilian cotton prices continued to rise in 2016, in which they grew 22.6 per cent over 2015. Cotton prices were primarily driven by low cotton supply in the local market from an unexpected crop failure in the 2015-16 season, while firm demand also pushed up quotes in the last four months.
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