Tag: Yarn

Prices touch season's high level

Clara Jan 20, 2017 0

Prices touched season's high on the cotton market on Thursday amid persistent demand for quality lint, dealers said. The official spot rate was unchan...

Tightness continues on cotton market

Clara Jan 20, 2017 0

On Thursday, cotton values on the ready market remained tight with price maintaining a firm posture. Traders said tightness of supply due to diminishi...

As election nears, Prime Minister pleases businesses

Clara Jan 11, 2017 0

Prime Minister Nawaz Sharif Tuesday announced a package of incentives of Rs 180 billion that envisages abolition of customs duty and sales tax on impo...

Cotton prices firmer on restricted buying

Clara Jan 7, 2017 0

Rates were firm on the cotton market on Friday in the process of restricted buying by mills and spinners, dealers said. The official spot rate was unc...

Cotton market in steady mode

Clara Dec 30, 2016 0

Domestic cotton prices are generally steady as mills pick up better quality of cotton as the calendar year is approaching into an end. There is antici...

Duty on yarn kept at five percent to prop up textile industry

Clara Dec 27, 2016 0

The government has maintained the customs duty on cotton yarn at the lowest level of 5 percent in order to support the textile industry. Sources said...

Export Oriented Sectors Likely to get Rs75 Billion Package

PAR Nov 22, 2016 0

Prime Minister Nawaz Sharif is likely to announce an incentive package for five or six export-oriented sectors to the tune of Rs 65 -75 billion of whi...

Government urged to unveil 'bailout' package for textile industry

PAR Nov 9, 2016 0

Khawaja Muhammad Younas Chairman of All Pakistan Bed sheet and Upholstery Manufacturers Association (APBUMA)'has urged upon the government to immediat...

Demand for higher quality cotton increases

PAR Oct 21, 2016 0

While offtake of both the lower and higher grades of cottons remains steady in the domestic market, the premium class of cottons are attracting higher...

MCCI demands withdrawal of import duty on raw cotton

PAR Jul 4, 2016 0

President of Multan Chamber of Commerce & Industry (MCCI) Fareed Mughis Sheikh has endorsed the stance of the APTMA regarding withdrawal of duty o...

Traders ask govt to allow yarn imports to bridge shortfall

PAR Apr 29, 2016 0

Traders on Thursday urged the government to allow yarn imports from all markets across the world to meet the three-fourth requirements of the local we...

Falling textile exports

PAR Jan 15, 2016 0

According to the Pakistan Bureau of Statistics, merchandise exports of the country have declined to $10.322 billion during the first six months of the...

APTMA Flogs India for waging "Economic war"

PAR Sep 6, 2015 0

Lahore—The All Pakistan Textile Mills Association has lambasted India for waging an economic war against Pakistan and the border shooting. Both the si...

PHMA rejects levy of import duty on yarn

PAR Aug 21, 2015 0

LAHORE: Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has rejected the idea of imposing import duty on yarn as it would pose negativ...

Textile exports: APTMA chief concerned over continuing decline

PAR Jul 28, 2015 0

All Pakistan Textile Mills Association Chairman SM Tanveer has feared over the continuing decline in the textile exports this June. He said the textil...