User: dnguru Topic: Cotton Yarn
Category: Cotton Yarn
Last updated: Feb 19 2018 17:17 IST RSS 2.0
 
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Padam Cotton Yarns reports standalone nil net profit/loss in the December 2017 quarter 19.2.2018 General News
Reported sales nil
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Organic, handspun, handwoven: this muslin from Dindigul doesn’t get any better 3.2.2018 Hindu: Home
It is now up to the next generation to take this exquisite tradition to the runway
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India can become a one-stop sourcing destination for textiles for brands, retailers from ASEAN, says Smriti Irani 24.1.2018 Latest News India on Firstpost
India has potential to become the one-stop sourcing destination for brands and retailers from ASEAN, Textiles Minister Smriti Irani said on Tuesday.
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Cotton spinners pin hopes on demand uptick to improve margins 24.1.2018 Latest News
The industry is also expected to see a bumper crop, which could bring down cotton prices to some extent
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Softer cotton prices to save the day for spinners-Crisil 23.1.2018 General News
That's because the spread between prices of cotton (with a one-quarter lag) and cotton yarn was at a low of Rs 89/kg (compared with Rs 130/kg at peak in the fourth quarter of fiscal 2013). The spread is a good indicator of the profitability of mills, considering cotton accounts for over 65% of the total operating cost. A one-quarter lag in cotton prices is presumed as most spinners maintain an inventory of 60-90 days.
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Cotton prices to dip to Rs 105-110/kg in 2017-18 22.1.2018 General News
The domestic cotton prices expected to decline to Rs 105-110 per kg in cotton season (CS) 2017-18, from Rs 117 per kg in last season, due to 11 per cent increase expected in cotton production, a report said. "The 11 per cent jump expected in cotton production at 375 lakh bales may bring down cotton prices to Rs 105-110 per kg in cotton season (CS) 2017-18, from Rs 117 per kg in CS 2016-17. The acreage has also risen as farmers have switched back to cotton following the price surge witnessed in the last season," Crisil Research said in its report here. According to estimates, the planted area under cotton has increased 19 per cent to 123 lakh hectares compared with 103 lakh hectares in CS 2016-17. It is also 7 per cent higher than the 5-year average of 115 lakh hectares. However, overall yield is expected to fall 7 per cent to 520 kg per hectare due to erratic monsoon rains and anticipated pest-related losses, Crisil said. A sharp increase in cotton production in CS ...
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Rise in cotton prices, dearth of incentives make exports uncompetitive 16.1.2018 Latest News
Sharp rise in cotton prices in India has increased raw material cost of mills, exporters making export unviable and uncompetitive. In last two months cotton prices in India have increased by 11 per cent. International cotton prices are also up by 17 per cent but 2.7 per cent appreciation in indian rupee has nullified all the gains in global cotton prices. While cotton yarn and cotton fabric exports have seen a dismal growth of 0.38 per cent year-on-year in exports in dollar terms for the month of December 2017 as against December 2016, that for man-made yarn and fabrics grew by 6.77 per cent. As per the central government's quick estimates of exports for some of the major commodities for December 2017, cotton Yarn, cotton fabrics, cotton made-ups and handloom products, among others grew by 0.38 per cent to stand at $938.57 million in the said month, as compared to $935.05 million in December 2016.On the other hand, man-made yarn, man-made fabrics and made-ups, among others saw a ...
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Boycott Chinese manjha, let’s shout from our rooftops this Sankrant 12.1.2018 DNA: Recent Columns
There are several kinds of sharp thread available at kite shops of Jaipur. These come from various parts, while the ‘Bareilly’ thread lives up to its reputation, the Chinese Manjha is off shelves after being banned by the government. On an average, about 300 rolls of the sharp threads, mostly, smeared with glass pieces or sharp metallic objects, have been sold off from one city-based kite shop this festive season. According to the kite sellers, each roll has, on an average, about 1000 meters of sharp thread used for kite flying. Resulting in consumption of more than 3 lakh meters of sharp thread this year. It is to be noted that about five inches of these strings can lead to a deep injury or, in most cases, a death of an animal or a bird. The government has banned the use of Chinese Manja in order to protect animals and birds. “These are not exactly Chinese strings. They are plastic or synthetic strings which are manufactured in Ghaziabad. They are preferred over cotton strings as they last longer in the ...
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Karunakaran memorial mill sends its first load 27.12.2017 Hindu: News
Almost a quarter century after steps were initiated to set it up, the first load of cotton yarn on commercial basis was despatched from the K. Karunakaran Memorial Co-operative Spinning Mills Ltd, Pu...
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Industry seeks restoration of export benefits for cotton yarn 16.12.2017 Hindu: Coimbatore
In the first six months of this financial year, cotton yarn exports declined 10 %, mainly due to policy lapses, according to Confederation of Indian Textile Industry. Sanjay Kumar Jain, chairman of t...
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Texprocil celebrates its member exporters at the Annual Awards presentation 15.12.2017 Sify Finance
[India], Dec 15 (ANI-BusinessWire India): The Cotton Textiles Export Promotion Council popularly known as TEXPROCIL celebrated the achievement of its member exporters at a glittering awards
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Foreign Trade Policy review growth-oriented: Texprocil 6.12.2017 HBL: Home
The textile industry has termed the mid-term review of the Foreign Trade Policy (FTP) 2015-20 as a “progressive and growth oriented one” and hailed the initiatives taken towards reducing the procedura...
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Behind those colourful stripes 1.12.2017 Deccan Herald - Supplements
It is not an understatement to say that the heritage of handlooms in India is priceless and has existed since time immemorial. Did you know that the history of bandhini from Gujarat can be traced to the Indus Valley Civilisation? A legacy that has not only facilitated trade and commerce since the ancient times but has also been the inspiration for many a writer and poet. A look at the fabric map of India would tell you that almost every region and state in the country has its own distinctive history of weaving, making the handloom industry the largest cottage industry of the country. With millions of weavers in every nook and corner of the country working on creating some of the most unique textiles, handloom is the second largest unorganised economic activity in India, next only to agriculture. From pashmina in Kashmir to kanjeevaram in Kanchipuram, muga silk in Assam to the exclusive reza textiles of Rajasthan, the uniqueness of each fabric is an ode to Indias rich diversity. The lepcha of Sikkim, eri ...
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Industry cheers incentives to powerlooms 29.11.2017 All Markets Stories
The schemes provide for powerloom units to not only upgrade technology but to install solar power equipment to cut energy costs
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Govt's subsidy schemes, tech upgradation to aid 2.5 mn ailing powerlooms 27.11.2017 All Companies Stories
On offer: max 20% of project cost as margin money subsidy, 6% interest subvention for five years
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Eco-warriors unlimited 27.11.2017 Hindu: Youth
From leggings made of recycled plastic bottles to running tees designed from coffee grounds, these activewear brands are redefining sustainability, one piece of clothing at a time
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India cotton exports to drop as pink bollworms eat crop 23.11.2017 Business Standard: Economy & Policy
Lower exports from the world's biggest producer will help its rivals like the US, Brazil to raise their exports to Asian buyers
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Pink bollworm tears into the very fibre of Maharashtra’s cotton growers 22.11.2017 HBL: Agri-biz
1.3 million ha of the 4.2 million ha under the crop suspected to be infected by the pest
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How Aarushi-Hemraj double murder was a case of injustice against the Talwars 20.10.2017 India Today | February 13, 2012
A high court verdict indicts the police, CBI and trial judge for pursuing a biased investigation against the Talwars.
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Industry warns cotton yarn exports may fall further, demands incentives 13.10.2017 Latest News
With cotton yarn export dropping for three years in a row, industry bodies have demanded export incentives and trade policy interventions.They've given a detailed analysis to the commerce and industry ministry, showing the $3.5 billion export segment is shrinking. The segment makes up more than a tenth of India's total textile export and is one of the few segments there in which the country had historically enjoyed an advantage until recently. In 2016-17, the export of cotton yarn fell 7.7 per cent. Apart from trade reasons, the spectre of a five per cent Goods and Services Tax on both yarn and fabric have hit the hitherto untaxed industry hard. A recent report from ratings agency ICRA says the rupee's rise over the past year, with high raw material prices in the past six to nine months, had disadvantaged the industry. Also, with domestic demand not growing, investment into spinning mills have stopped, pushing up manufacturing prices, exporters claim.As a result, industry bodies have
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