Interviews
'Textiles sector outlook cautiously stable'
08 Jul '15
3 min read
The sector outlook for cotton textiles will be revised to negative if margins and cash flows come under pressure on account of volatility in cotton prices and inventory losses. Stability of cotton prices depends upon global factors such as China’s strategy on releasing its cotton inventories and domestic factors such as cotton production and inventory policy of government procurement agencies. Similarly, an improvement in the realisations of man-made yarn, and consequently margins would lead to a revision in the outlook to stable for the synthetic textile sector. (SH)
Fibre2Fashion News Desk – India
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