Diminishing cotton stocks in the country induced strong demand from spinners which pushed the commodity’s prices higher on Wednesday. However, floor brokers said activity could not pick up as many ginners were reluctant to dispose of their stocks anticipating higher prices. The arrival of the next crop would be late by at least four weeks as early sowing of cotton for the new season could not be done in Punjab due to long spell of rain, while it has just started in Sindh. According to m

Cotton exports from India are expected to fall 41 per cent over 2013-14 to a five-year low of 7 million bales (1 bale=170 kg) in the 2014-15 season, which is also down from 9 million bales forecast last October. Speaking to reporters, textile commissioner, Kiran Soni Gupta said, Indian raw cotton exports may fall 41 per cent to a five-year low of 7 million bales in this season due to China limiting its purchases. Gupta said India will have to hike exports to countries like Bangladesh, Paki

H&M and Kering clothing brand Puma are coming on board as development partners to help test the commercial viability of British upcycler Worn Again's model to meet the fashion industry’s rising demand for polyester filament and cotton fiber textiles. The chemical-to-chemical textile recycling process used by Worn Again is designed to extract polyester and cotton from discarded clothing and textiles. One proposed effect of the scheme, if successful, is a reduction in the requirement for

Strong demand from spinners provoked by dwindling stock with ginners for the current season crop are creating panic buying from needy spinners who are eager to replenish their stock due to which cotton prices has surged. Floor brokers said that strong demand for quality lint pushed prices to new record high on ready counter with highest quoted prices going up to Rs5450 per maund. However, the Karachi Cotton Association (KCA) spot rates remained unchanged at previous level. The followin

Recently, investors from Fujian Province have signed agreements with De'an County in Jiujiang, Jiangxi Province on setting up a knitting project and a weaving project, which will respectively cost CNY 5.2 billion and CNY 500 million. The two projects will cover a land area of 5.3 hectares. After being put into production, they are expected to turn out annual prime business revenue of CNY 2 billion, pre-tax profit of CNY 1.5 billion and offer 500 jobs. The introduction of these two projects w

Cotton yarn export is estimated to have declined by 15 per cent during 2014-15, with a steep fall in shipments to China, which normally takes 40 per cent of the total. In the first nine months of the financial year (April-December 2014), data compiled by the Union textilesministry showed a six per cent fall in the export, at 891 million kg as compared to 946 mn in the same period a year before. The fall accelerated afterwards. In 2013-14, cotton yarn export was 1,303 million kg. Falling ex

The country's raw cotton export fell by 15 percent during the first eight months of the current fiscal year (FY15) mainly due to lower demand and quality issue. Traders said that despite lower cotton prices compared to other competitors, Pakistan's raw cotton was unable to capture the world market. Pakistan is the fourth largest cotton producing country in the world and has so far achieved a bumper of 14.7 million bales during this season. "Depreciation of dollar against Pak Rupee and lower

The spring season makes the perfect weather to play a little tennis. And with the March, 3, 2015, issue of Stylist Arabia, the magazine spotlights how to dress for the court with an all white wardrobe styled by Gemma Jones. Photographed by Kiki Lee with art direction by Acacia Stichter, model Brianna brings some glamour to the sportwhile rocking a mix of body-con dress, sneaker wedges and crop tops. / Hair and makeup by Hedi Kalmar Source: Fashion Gone Rogue.

Recently, Shanghai Yuanyuan Industrial Co., Ltd. and Hangzhou-based China Ting Group have agreed to set up a joint venture – Tingyuan (Hangzhou) Textile Technology Co., Ltd. based on China Ting Peitraluna Ltd. (CTP), a subsidiary company of China Ting Group. The new company will mainly involve in the business of recycling waste textiles and converting them into fiber. The company will import state-of-the-art sorting and opening equipment from abroad to set up an automatic and clean production li

The government is delaying to issue notification for Technology Up-gradation Fund Scheme (TUFS), hindering the industry from undertaking BMR and fresh investment initiatives for textile industry. The federal government has withheld the notifications of initiatives under the Textile Policy 2014-19, to avail the terms of Technology Up-gradation Fund Scheme (TUFS). Consequently, serious structural imbalances have occurred across the textile value chain, as 25% of the basic textile worth $4 billi