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  • Despite recovery in exports to US, Indias textile exports decline 8%

    By Jan 22, 2020 10:47 AM

    Data compiled by the Directorate General of Commercial Intelligence and Statistics under the Union Ministry of Commerce and Insustry showed India's exports at $21.7 billion (Rs 1.54 trillion) for the period, down over 8 per cent from $23.6 billion in the corresponding period last year. The imports stood at $5.5 billion this year versus $4.6 billion last year.

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  • After GST blow, Gujarat textile units get jitters over incentive scheme

    By Dec 18, 2019 10:47 AM

    While the government may have announced an incentive scheme to attract new investment in the textile value chain, existing units in the state fear that the same could affect their operations. Already reeling from sluggish economy, coupled with an accumulated input tax credit under the (GST) regime, existing textile units across the fear incentivising new units would mean stiffer competition for them.

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  • Pakistan Should Exploit Its Expertise In Textile Sector

    By Nov 14, 2019 11:37 AM

    FAISALABAD, (UrduPoint / Pakistan Point News - 13th Nov, 2019 ) :Pakistan should exploit its expertise in the textile sector to get a share from the textile market of Texas. This was stated by Miss Alicia, Dean marketing consultant of Austin USA, while addressing a meeting at the Faisalabad Chamber of Commerce & Industry (FCCI) here on Wednesday. She said that Texas was open for all types of businesses and Austin was being developed as a hub of textile with a focus on state-of-the-art fashion garments industry.

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  • Poor demand shuts 20 textile mills around Surat

    By Nov 09, 2019 11:14 AM

    Fall in demand and decline in production rate is severely affecting textile dyeing and processing mills around Surat. Around 20 of the nearly 350 mills there have closed in the last three months. And those running are functioning at 50-70 per cent capacity. The trend is being attributed to reduced purchasing power, changed taste from polyester and government.

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Interview
Spot Prices
Cotton: Maharashtra (23/Jan 04:13 PM)

AGD (BB/29M) 39,300 100 0.26 %
Akola (Fardar/25/27M) 0 0 100.00 %
NGP (MECH-1/28M) 0 0 100.00 %
NGP (MECH-1/29M) 39,900 0 0.00 %
More +
Yarn: Punjab (24/Dec 04:44 PM)

Ludhiana(20S Comb(Wrap)) 172 -2 -1.15 %
More +
Future Prices (23/Jan 02:55 PM)
ICE Cotton No.2 (USC/LB)
Mar 31, 2020 70.45 0.01 0.01 %
May 31, 2020 71.16 0.03 0.04 %
Jul 31, 2020 72.05 0.07 0.10 %
ZCE (Yuan/Ton)
Mar 31, 2020 13,275.00 -95.00 -0.71 %
May 31, 2020 13,440.00 -105.00 -0.78 %
Jul 31, 2020 13,565.00 -115.00 -0.84 %
Exchange Rates (23/Jan 04:06 PM)
1 US $ = Rs 71.33
 0.16 0.22%
1 UK £ = Rs 79.07
 -14.34 -15.35%
1 Eur € = Rs 79.07
 0.20 0.25%
100 ¥en = Rs 65.11
 0.18 0.28%
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