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Market News

As Drought Shrivels Crop, Pakistan Cotton Industry Faces US$ 4 bln bill

Pakistan is spending US$ 4 billion a year on cotton imports to support its ailing textile industry, after erratic rainfall and dr..

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Market News

Flood Of Chinese Cotton Sends Prices Tumbling Most In Six Weeks

China is about to open the floodgates on its huge supplies of cotton, sparking a rout in prices. The country plans to auction abo..

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Tirupur Garment Units Sign 4 Year Wage Pact With Unions

1. Under new wage agreement, employees under various categories will get a 33% hike, spread over four years in the ratio of 18%, ..

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China's major cotton-growing region to cut cultivation area

China, the world's No. 2 cotton producer, is targeting a 6.5% reduction in cotton cultivation in its top growing region this..

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Xintang: China's Jeans Capital Losing Its Sheen

China, an economic producer of textile & clothing (T&C) for years, has started facing a trickle of turbulence for some ti..