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Global yarn output up 17%
Global yarn production increased by +17 per cent between Q4/18 and Q1/19. Higher output levels where observed in Asia (+18 per cent), Brazil (+18 per cent), the USA (+3.2 per cent) and Europe (+1.6 per cent).
Cotton & MMF outlook-2020
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
Uncertainty in cotton trade continues
In the recent times cotton prices in the entire major cotton-producing countries have been falling posing problems to the farm community. More than that, the production estimates have also been steadily declining, causing worries to the cotton community.
Kasam to set up Rs 100-cr textile unit in Warangal
Kasam Industries will be setting up Rs 100 crore textile manufacturing unit at Kakatiya Mega Textile Park in Warangal. The unit, which will comprise of spinning and yarn mills, may also have a dyeing unit.
Indonesia turns to locally sourced rayon
Key players in the Indonesian textile sector have formally agreed to optimise locally sourced, sustainably produced rayon to drive the growth of the national textile industry, which is a core pillar of the country’s economy.
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