Chinese demand for Pakistani cotton has increased and will benefit the Pakistani textile sector in near future. Our local cotton arrival target for fiscal year 2012-13 stands at 14.5 million bales. Local prices would remain range-bound where the domestic textile sector is expected to benefit from increased demand from China given its higher support price, said a JS research analyst on Saturday. Cotton crop dynamics, both local and global, appear relatively robust for FY13. As a result, world c

According to ITME, despite the slowdown in the international textile machinery market, textile machinery exports from India will not be affected. “The (Indian) textile industry is very optimistic about demand pouring in the coming months,” said. R S Bachkaniwala, chairman of India ITME. He added that textile companies are looking at investing in machinery as part of expansion. Most of the developing countries have been importing textile machinery from India in a big way. Bangladesh, whic

Employees are seen working at a textile facility in Bursa, Turkey’s traditional prodcer and exporter in the field. DHA photo