With favourable weather and market conditions for the production of cotton, India is likely to witness a rise in the planting of this fibre by 15 percent in the 2017/18 marketing season to a three-year high as farmers switch away from other crops, likely boosting cotton production and exports. Domestic cotton prices rose 19 percent from a year ago to 41,300 rupees ($639) per 356 kg candy, following the rally in overseas prices. A candy is a traditional measure of mass in India. A 15 percent r

India’s cotton imports last time touched a record high was in 2001-02 when they were 25 lakh bales. But this season it’s cotton imports have touched an all-time high of 30 lakh bales. According to Pradeep Jain, a cotton ginner from Jalgaon, cotton imports have touched some 30 lakh bales this season because of attractive international prices while exports have been in the range of 20 lakh bales. Buoyed by the good prices this season, farmers are expected to plant 20% more cotton in the 2017-18

Punjab Chief Minister Shehbaz Sharif said on Sunday that Chinese President Xi Jinping's One Belt One Road (OBOR) initiative was historic and it would bring prosperity in the entire region. The CM expressed these remarks during his key address to the One Belt and Road Forum in Beijing on Sunday, said a handout received here. The chief minister addressed the forum without any written speech. The world leaders and heads of states of different countries appreciated the chief minister's addre

Plummeting interest in the sport, lack of superstars to add luck lustre to brand sponsorships and a still reluctant to indulge consumer seem to be the main reasons for Adidas to follow rival’s Nike’s example and divest from the golf apparel niche. On Thursday, the Germany-based company announced it’s selling its golf equipment and clothing brands as interest in the sport plunges globally. It’s worth recalling how, not even a year ago, Nike said it was to “transition out” of selling golf clubs

Việtnam is one of the five biggest exporters in the world with exports of US$28.5 billion last year. But to achieve this, the country imports large volumes of feedstock including yarn, fabric and others, said Nguyễn Thị Tuyết Mai, deputy general secretary of Việtnam Textile and Garment Association (VITAS). However, the Vietnamese textile and garment industry needs to diversify its raw material import sources if it wants to develop. Depending on one or two sour

With favourable weather and market conditions for the production of cotton, India is likely to witness a rise in the planting of this fibre by 15 percent in the 2017/18 marketing season to a three-year high as farmers switch away from other crops, likely boosting cotton production and exports. Domestic cotton prices rose 19 percent from a year ago to 41,300 rupees ($639) per 356 kg candy, following the rally in overseas prices. A candy is a traditional measure of mass in India. A 15 percent r

Bemis Associates, a bonding innovation and design partner for leading performance, technical, lifestyle and luxury brands, is showcasing its complete suite ofSewfreebonding solutions at Techtextil in Frankfurt, Germany, this week. These include new productsLuxeLinerandNylock. Booth displays range from versatile technical applications to cooperative technology and integrated garments from leading partners including Google, Athos, Kate Spade, Huawei and Amazon. “With more than 107 years in t

Shandong Ruyi Technology Group (Ruyi) has decided to invest $410 million in the former Sanyo manufacturing facility in Forrest City, Arkansas. The company, headquartered in Shandong, China, will create up to 800 new jobs at the facility, where Arkansas cotton will be spun into yarn for textile use. This is Ruyi’s first facility to locate in North America. “Ruyi Group, as the largest textile manufacturer in China, has been expanding globally. Our manufacturing facility in Arkansas will become

Cotton planting in India, the world’s biggest producer of the fibre, is likely to rise by 15 per cent in the 2017-18 marketing season to a three-year high as farmers switch away from other crops, likely boosting cotton production and exports. Higher output in India could kill a rally that pushed global cotton prices to their highest in three years this month. “This year farmers received higher prices, so they are going to raise the area under cotton. We are expecting around a 15pc increase

Elastomeric Filament Yarn, such filament yarns are commonly referred to as Spandex or Elastanc. Based on the recommendations of the Designated Authority in the commerce ministry, a definitive anti dumping duty has been imposed on it against imports from China, South Korea, Taiwan and Vietnam. The petition to levy anti-dumping duty on 'Elastomeric Filament Yarn' from these four countries was filed by Indorama Industry Ltd. The revenue department has imposed anti-dumping duty that ranged fro