BD textile millers relying on quality African cotton
Bangladesh is the largest importer of cotton in the world. The US$8 billion primary textile sector is moving away from importing Indian cotton. Last year,
Tag : cotton import
Cotton and yarn update: Mills need to remain consistent and not rush without proper workout
Recently, Saudi Arabia has shown interest to invest USD 50 billion in power and textile sector. If the investment goes in textile-based on the by-products
Weakening apparel export causes to lower cotton import in BD
January forecast of 2019-20 shows less production of cotton and beginning stocks. It seems that the forecast is unchanged as cotton production is lowered again
Cotton and yarn update (January)
Market situation The demand for yarn remains subdued although the conventional lean period starts from April to September. Demand for recycled and sustainable products remains
Cotton import from India downs from 60 to 26.12%
Bangladesh now depends less on India for cotton and African nations become the largest source India accounted for 26.12% of the total cotton imports of
Yarn and fabric dumping pushing local millers to brink of the cliff
India, China, and Pakistan are dumping yarn and fabric to Bangladesh that is impeding local millers and pushing them to operate business at a loss
