Advertise Here [468 W x 60 H pixels]
Web Exclusive | October 2016

TN spinners cut down yarn output

With cotton prices rising to Rs 50,000 per candy in the end of the 2015-16 cotton season, many spinning mills in Tami Nadu have cut down on yarn production. The primary reason being cotton yarn prices have not increased in tandem with the hike in raw cotton prices, making managing operations unviable for these spinners.

These spinners expect yarn prices to grow following the reduction in yarn production, which will lead to a shortage of cotton yarn. Nearly 60 per cent of mills have cut production, either by giving additional days off or reducing the shifts. Additionally, since the new cotton crop is expected to arrive only in November, the mills do not want to exhaust their existing cotton stocks, before the new raw cotton arrivals begin.
Post your comment
Name:  
Email:    
Comments:  
Verification Code:   Change Image


 
Advertise Here [728 W x 90 H pixels]
Angel Mechtronik      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      ATE Enterprises Pvt Ltd      ATE Huber Envirotech Pvt Ltd      B & R Industrial Automation Pvt Ltd      Bharat Beams Pvt Ltd      Bhatt Bros      Carlos Yidi JR (Finotex ) / Labelmach      Condair Plc      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gandhi Automations Pvt Ltd      Grasim Industries Ltd      Jogindra Industries Pvt Ltd      Jumac Manufacturing Pvt.Ltd      K U Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine works Ltd      Lakshmi Machine works Ltd      Loepfe Brothers Ltd (Masterline)      Nanotek Controls      Nestling Technologies      Peass Industrial Engineers Pvt Ltd      Precision Rubber Industries Pvt Ltd      Savio Texcone Pvt Ltd      SRE Corporation      Stovec Industries Ltd      Sumanlal J Shah And Co      Surface Modification Technologies Pvt Ltd      The Best Textiles Engineers      Trishul Overseas      Weavetech Engineering Pvt Ltd      Angel Mechtronik      Arvind Rub-Web Controls Ltd      Associated Autotex Ancillaries Pvt Ltd      ATE Enterprises Pvt Ltd      ATE Huber Envirotech Pvt Ltd      B & R Industrial Automation Pvt Ltd      Bharat Beams Pvt Ltd      Bhatt Bros      Carlos Yidi JR (Finotex ) / Labelmach      Condair Plc      Eppinger Tooling Asia Pvt Ltd      Excel Traders      Gandhi Automations Pvt Ltd      Grasim Industries Ltd      Jogindra Industries Pvt Ltd      Jumac Manufacturing Pvt.Ltd      K U Sodalamuthu and Co. Pvt Ltd      Lakshmi Machine works Ltd      Lakshmi Machine works Ltd      Loepfe Brothers Ltd (Masterline)      Nanotek Controls      Nestling Technologies      Peass Industrial Engineers Pvt Ltd      Precision Rubber Industries Pvt Ltd      Savio Texcone Pvt Ltd      SRE Corporation      Stovec Industries Ltd      Sumanlal J Shah And Co      Surface Modification Technologies Pvt Ltd      The Best Textiles Engineers      Trishul Overseas      Weavetech Engineering Pvt Ltd