In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted problem and it?s not a temporary feature. The current isolated spurt in Indian cotton prices has aggravated the situation to an extent that many can hear the death knell. The more disturbing fact is that no domestic yarn buyer is hassled or is rushing to buy yarn-they know cotton prices have moved 50 per cent and yarn just 20 per cent-still no anxiety! International buyers have diverted their orders as cotton in India has increased much much more in comparison to international cotton prices.
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In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted problem and it?s not a temporary feature. The current isolated spurt in Indian cotton prices has aggravated the situation to an extent that many can hear the death knell. The more disturbing fact is that no domestic yarn buyer is hassled or is rushing to buy yarn-they know cotton prices have moved 50 per cent and yarn just 20 per cent-still no anxiety! International buyers have diverted their orders as cotton in India has increased much much more in comparison to international cotton prices.
The Swiss textile machinery industry is strongly export-oriented and has a presence with its own companies, sales and service organisations in all the world’s key markets. Cornelia Buchwalder, Secretary General, Swissmem, speaks about the response to Swiss textile machinery globally post ITMA and how the Swiss textile machinery industry has been faring in India since the beginning of 2016.
Will India be the next China? The debate is still on, while China is taking all necessary steps to keep its fortunes in textiles intact. Leave alone China! After attending the ITM Turkey a few weeks ago, the spotlight for some textile interested persons like me is now on Turkey and India.
European flax fibres and Chinese linen yarns are flooding the Indian market thanks to a spurt in consumers’ interest in linen products. Samuel Joseph reveals some emerging trends in the linen scenario. Linen is the coolest fabric material in the world, but its market is getting warmer day by day in India, thanks to a spurt in promotion mounted by the big names including Grasim, Raymond and many more small players.
European flax fibres and Chinese linen yarns are flooding the Indian market thanks to a spurt in consumers’ interest in linen products. Samuel Joseph reveals some emerging trends in the linen scenario. Linen is the coolest fabric material in the world, but its market is getting warmer day by day in India, thanks to a spurt in promotion mounted by the big names including Grasim, Raymond and many more small players.
European flax fibres and Chinese linen yarns are flooding the Indian market thanks to a spurt in consumers’ interest in linen products. Samuel Joseph reveals some emerging trends in the linen scenario. Linen is the coolest fabric material in the world, but its market is getting warmer day by day in India, thanks to a spurt in promotion mounted by the big names including Grasim, Raymond and many more small players.