Tag: cotton prices
Margins for cotton yarn spinners to expand 150- 200 bps this fiscal
Stable cotton prices due to better availability of cotton during cotton season 2024 and improved cotton yarn spreads this fiscal will support improvement in margins. ... Read More
Garment players to see 8-10% revenue boost in FY24
This surge in demand and exports is attributed to reduced cotton prices and improvements in supply-chain disruptions, as per a report by Crisil Ratings. Readymade ... Read More
Home textile sector expects 7%-9% revenue surge this fiscal
This enhancement can be attributed to reduced costs of raw materials and improved operating efficiency. However, these levels are expected to remain below those observed ... Read More
Textile industry facing economic headwinds
The current market situation faces headwinds manifested in key macroeconomic trends such as inflation, soaring energy prices, continued effects of the coronavirus and the prolonged ... Read More
Countering the Cotton Crisis
After touching the lifetime high of Rs 110,000 per candy (356 kg) in recent months, cotton prices have started dipping because of the slump in ... Read More
Spinners bullish on growth
Post Covid, pent-up demand and increasing trade tension between China and the US (backed by other developed countries) have led to high demand for Indian ... Read More
Ukraine crisis: Impact on cotton and textiles sector
The invasion of Ukraine by Russia is creating a tailspin in the global markets, particularly in the energy sector. Crude oil price is trading about ... Read More