Yarn sales in the local market dropped significantly mainly due to depreciation of the Indian currency against the US dollar and a slump in demand for apparel items on international market, said ...
Yarn imports have boosted supply and brought down local prices, ending a months-long tangle in the apparels market. For the last couple of months, textile millers and apparel exporters had been locked ...
Stocks of unsold yarn of local millers have grown to over one million tonnes over the past five months or so for a drop in demand for garments from the domestic and international consumers. The local ...
Looks like yarn mills are caught in a web of weakening demand and high raw material prices. For a country that exports nearly one-third of the yarn it spins, the 34.6% year-on-year drop in exports ...
Mumbai: With no additional duty to be paid, Indian cotton yarn exporters can now heave a sigh of relief, as the South American country Peru has decided to drop duty on import of cotton yarn into the ...
Pakistan Apparel Forum (PAF) has warned the government of Economic Co-ordination Committee's (ECC) move to drop five percent duty exemption on import of cotton yarn will cause a huge fall in ...