| KARACHI: KCA spot rate not issued; no business seen on local cotton market (August 24, 11)|
Not a single deal transacted on the local cotton market on Tuesday because all the commercial centres were closed as MQM called for mourning day, dealers said. Official spot rate was not issued by the Karachi Cotton Association (KCA), they said.
| NEW DELHI: Recession in US and EU: Home demand bails out apparel companies from global slump (August 23, 11)|
NEW DELHI: Indian woolen apparel manufacturers are focusing on growing demand from affluent customers in the domestic market for high-end products as uncertainty in the global market, especially in the EU and US, continues to slow down exports.
| BANGLADESH: Muhith pledges hike in cash subsidy on local fabrics (August 22, 11)|
Finance Minister AMA Muhith yesterday promised to hike cash subsidy for apparel exporters on the use of local fabrics in an effort to help primary textile millers with price benefits.
| DHARMAPURI: Illegal dyeing units closed in Dharmapuri district (August 22, 11)|
As many as 21 dyeing units, which were operating illegally in Dharmapuri district for the past one week, were closed by the revenue authorities in association with the District Environment Office, official sources said.
| TIRUPUR: Reviving closed dyeing units: committee to meet on Aug. 24 (August 22, 11)|
The latest decision of the high-level committee constituted under Union Textiles Secretary to evolve methods to put an end to the losses being suffered by Tirupur entrepreneurs due to closure of dyeing units as well as to revive the closed units, has come under the criticism of farming community.
| NEW YORK: Sustained steady trend prevails on cotton market, as prices remain range-bound; spot rate higher by Rs 100 (August 22, 11)|
Trading in cotton sustained steady trend, as prices generally were range-bound, kept to low tone despite sympathetic attitude towards growers, as indicated from PM's statements. Spot rate began journey with Rs 6400 and ended at Rs 6500.