The index of orders intake for Italian textile machinery, processed by ACIMIT (Association of Italian textile machinery manufacturers) for the period April-June 2021, was up 214% compared to the same period in 2020.
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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.
The index of orders intake for Italian textile machinery, processed by ACIMIT (Association of Italian textile machinery manufacturers) for the period April-June 2021, was up 214% compared to the same period in 2020.
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.
The Noida Apparel Export Cluster has requested the government to ban the export of yarns and raw cotton so that more raw materials are available for the domestic apparel industry.
The Noida Apparel Export Cluster has requested the government to ban the export of yarns and raw cotton so that more raw materials are available for the domestic apparel industry.
As per the data, the turnover from the textile exports in Vietnam has hit around $19 billion in the first six months of 2021. This turnover is 20% up from the last year’s data.