Around 90 textile spinning mills, located in Tamil Nadu, will reduce their production of synthetic yarn by shutting down their units for two-days-a-week beginning tomorrow, according to media reports. The decision to stop production on ...
Tags: textile manufacture, yarn, synthetic yarn
Lower consumption of cotton will lead to higher ending stocks for both 2014/15 and 2015/16 relative to last month, says the US department of agriculture (USDA) in its estimate for this month’s world cotton supply and demand. For ...
Credit rating agency India Ratings and Research (Ind-Ra) has maintained an overall stable outlook for the cotton textile sector for FY16. This is led by stable spinning margins in the cotton yarn segment, range-bound cotton prices and ...
Tags: textile manufacture, garment manufacture, cotton textile
Textile mill owners in Pakistan’s Punjab province who had announced a voluntary closure of their mills a few days ago, have now called for a ‘forced closure’ after Eid, the Pakistani media has reported. The millers ...
China is capable and confident it can maintain the capital market stable and sound, said a commentary of People's Daily, the flagship newspaper of the Communist Party of China (CPC). Since mid-June, the benchmark Shanghai Composite Index ...
Tags: Capital Market, stock market
International cotton prices may remain stable in 2015/16, though this will depend in part on changes in world cotton stocks. “In 2014/15, world ending stocks are forecast up 9 per cent to 21.9 million tons, reflecting a stock-to-use ...
Tags: International cotton price, ICAC
The overseas investment returns of the nation's sovereign wealth fund sank last year amid a fragile world economy and soft commodity prices, according to figures released on Friday. China Investment Corp said that net annual returns on ...
Cotton prices will remain range-bound during cotton year 2016 even if domestic production declines by 10 to 15 per cent, according to ICRA, an independent and professional investment information and credit rating agency. In a report ...
Tags: Cotton Prices, Cotton
Most of the cotton growing states like Punjab, Haryana, Rajasthan, Gujarat and parts of Maharashtra and Karnataka have started getting good rainfall, which has led to farmers beginning sowing of cotton. “CCI has sold nearly 1.5 ...
Tags: Propel Cotton Sowing, Textile
In its latest report, USDA has projected the global 2015/16 cotton production to decline 6 per cent from the previous season to 111.3 million bales. “Lower crops are forecast for most major cotton-producing countries in 2015/16, ...
Tags: Cotton Output, cotton production
Chinese shares dived on Tuesday, with the benchmark Shanghai Composite Index down more than 3 percent at the end of trading, driven by an exodus of capital from the stock market. The benchmark Shanghai Composite Index dived 3.47 percent, ...
Tags: ChiNext Index, Chinese shares
The Federation of Indian Chambers of Commerce and Industry (FICCI) has sought urgent intervention of the Ministry of Textiles in adequate release of cotton procured by the Cotton Corporation of India (CCI). In a letter to textiles ...
Tags: cotton, cotton industry
Chinese shares rose to the highest level in seven years in volatile trade as bets that MSCI Inc will include mainland shares in its indexes overshadowed weaker shipments data. The ChiNext index of smaller and startup companies tumbled 4.67 ...
Chinese stocks and economic growth have long had little to do with each other. Between 2010 and early 2014, when China boasted the world's fastest-growing economy, its stockmarket was consistently among the world's worst performers. Since ...
Tags: Stockmarket, Economy
The long-term consequences of China's coming stockmarket correction are the ones to fear IF YOU were a Chinese worker you could have spent the past year toiling to earn a living. Or you could have bought some shares and sat on the sofa ...
Tags: Share Prices, Economy, Stockmarket