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 sixth edition of Denimsandjeans.com Bangladesh show is all set to take place from October 5-6 at Hotel Radisson, Dhaka. The theme of the show is VINTAGE RECALL, Denim Goes Back To Its Root.
India, backed by a $ 1 million support, has assisted upgrade one of its largest vocational textile training centres (VTC) with latest technologies.
India, backed by a $ 1 million support, has assisted upgrade one of its largest vocational textile training centres (VTC) with latest technologies.
India, backed by a $ 1 million support, has assisted upgrade one of its largest vocational textile training centres (VTC) with latest technologies.
Textile mills in Coimbatore are in dire straits with market pundits predicting that cotton prices are unlikely to fall until the next season that starts in October.