MARKET & ECONOMY
The picture that appears at the end of the top row on Page 76 of ITJ September 2015 issue is that of B B Bharti, Joint Textile Commissioner. It has been erroneously named as Sundara Moorthy of BDB India. The inadvertent error is regretted.
Another bumper crop of cotton is in offing and tremors are felt already on the price front. The Cotton Corporation of India (CCI) is getting ready for yet another year of minimum support price (MSP) operations.
Textile Commissioner Mrs Kiran Soni Gupta inaugurated the three-day Techtextil India exhibition for the technical textiles and non-wovens industry in Mumbai on Thursday, September 24, 2015.
The seventh edition of Yarnex and fourth edition of TexIndia, will take place concurrently from September 10-12, 2015, at the India Knit Fair Complex in Tirupur.
Spykar Lifestyles Pvt. Ltd is all set to roll its Autumn-Winter 2015 collection across its standalone retail outlets and 1290 MBOs.
Asia’s premier fair for the home textiles industry concluded recently, with new records set for exhibitor, visitor and exhibition space figures. Over 43,000 trade buyers (2014: 43,189) attended Intertextile Shanghai Home Textiles – Autumn Edition 2015, which was held for the first time at the National Exhibition and Convention Center (Shanghai) across 170,520 sqm (2014: 150,400).
The predominantly cotton-based textile industry has become highly competent in terms of operational efficiency with the state-of-the-art technology, skilled manpower, high productivity, high quality, etc.
European polypropylene (PP) prices are going down by at least the ?80/tonne propylene monomer contract drop for August. Supply has eased from its former extreme tightness
Asia´s purified terephthalic acid (PTA) industry is expected to come under increasing pressure in 2016 as India adds 2.3 mt to its production capacity in the first half of 2016, industry sources said.