Home / Knowledge / News / Textiles / Demand for imposition of ceiling on polyester yarn exports
Demand for imposition of ceiling on polyester yarn exports
07
Dec '10
Leaders from the textile sector have urged the Union Government to impose a ceiling on the exports of polyester yarns. A similar measure had been adopted recently in case of cotton yarn exports, which was intended towards reducing its price in the domestic market.

Yarn spinners as well as texturisers have raised the prices of Polyester Filament Yarn and Polyester Oriented Yarn and this hike in prices is still persisting in Surat, which is the largest man-made fabric hub of India.

A memorandum put forward by the Federation of Indian Art Silk Weaving Industry (FIASWI) to the Ministry of Textiles on this issue revealed that the unprecedented rise in the prices of cotton has led to a distortion in the demand for synthetic yarn by the textile manufacturers. This has in turn raised the export orders for synthetic yarn for India's biggest manufacturers like Reliance Industries Limited (RIL) to Pakistan and China.

Prices of polyester yarn have rapidly escalated to Rs 114 per kilogram in November from Rs 63 per kilogram in September.

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 25th Sep 2017

Vietnam textile sector to gain if EU FTA gets ratified

Experts feel the Vietnam-European Union (EU) free trade agreement...

Prime Minister Narendra Modi dedicating the Deendayal Hastkala Sankul to the nation, in Varanasi, Uttar Pradesh on September 22, 2017. Courtesy: PIB

Textiles | On 25th Sep 2017

Handicrafts trade facilitation centre opens in Varanasi

Prime Minister Narendra Modi dedicated the Deendayal Hastkala Sankul, ...

Apparel/Garments | On 25th Sep 2017

AAFA urges US govt to plug lacunae in military procurement

The American Apparel & Footwear Association (AAFA), an alliance of...

Interviews View All

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

September 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search