MARKET & ECONOMY
The viscose staple fibre that originates in or is imported from China or Indonesia is subject to ADD which is now being revoked by the Union government.
It is seen that the demand for everything is soaring at an exponential rate. The same is the case in the textile industry. India being one of the largest manufacturers of fabrics has taken a unique place in the textile world.
It is seen that the demand for everything is soaring at an exponential rate. The same is the case in the textile industry. India being one of the largest manufacturers of fabrics has taken a unique place in the textile world.
Cotton Association of India (CAI) has increased its consumption estimate for the current crop year by 5 lakh bales to 330 lakh bales of 170 kgs each from its previous estimate of 325 lakh bales of 170 kgs each.
Cotton Association of India (CAI) has increased its consumption estimate for the current crop year by 5 lakh bales to 330 lakh bales of 170 kgs each from its previous estimate of 325 lakh bales of 170 kgs each.
As per the Karachi Cotton Association, the price for whit lint is fixed at Rs 13,580 per maund while on the other hand, the seed cotton prices are between Rs 5,200 and Rs 6,200 per maund.
As per the Karachi Cotton Association, the price for whit lint is fixed at Rs 13,580 per maund while on the other hand, the seed cotton prices are between Rs 5,200 and Rs 6,200 per maund.
BTMA has advised its export-oriented yarn makers not to increase the prices of yarn any further. It has also been suggested that the PI should be held valid for 15 days instead of 7 days.
Bangladesh
BTMA has advised its export-oriented yarn makers not to increase the prices of yarn any further. It has also been suggested that the PI should be held valid for 15 days instead of 7 days.
Bangladesh