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Tag Archives: cotton yarn

20,000 cotton bales change hand at Rs4,675-5,100; spot rate remains Rs4,800

KARACHI: The resumption of buying by textile millers to maintain their stock improved trade turnover of cotton in the market which rose by 16 percent to 19,200 bales (155 kilograms). According to market data, big textile players resumed buying to beef up their inventories which help boost the activity at the cotton market. However, the trade activity was comparatively low ... Read More »

APTMA rings alarm bells over 22% decline in exports  in 6 months

LAHORE: All Pakistan textile Mills Association (Aptma) Central Chairman S.M Tanveer has showed grave concerns over continuous decline in textile exports over the last six months. S.M. Tanveer, chairman of the association, apprehended that textile industry will lose $2.3 billion exports in case no immediate remedial mea­sures are taken on energy supply by the government. Tanveer further predicted decline in ... Read More »

Multan Dry Port generates Rs 1.218 billion revenue

MULTAN: The Multan Dry Port Trust generated revenue to the tune of Rs1.218 billion from handling exports and imports in the month of August. As per details, the MDPT received import consignments consisted of auto spare parts, oil, lubricants, machinery, chemical, iron and steel, worth Rs376 million in the month of July. While, the import consignments handled in the month ... Read More »

GSP+ boosted textile exports in FY14

LAHORE: Textile exports, amid all gloom and doom, showed encouraging growth of 3.9 percent year-on-year and reached $13.8 billion in fiscal year 2014 as against $13.3 billion during the corresponding period of last year. Most of the textile exports were to EU which surged by 18 percent on YoY and reached $5 billion in FY14. This was mainly due to ... Read More »