Money laundering in textiles: Older prices in gray fabrics

Cotton prices in the textile market have dropped significantly over the past year. But the price of cotton yarn has increased. Cotton yarn contains Rs. 1 to Rs. 1 is increased. And as a result, textile costing has been lifted. Once the price of gray and Finnish fabrics like composite mills and powerloom weavers in textile has increased but the price rise of textile has not been sustained due to the sale of cloth by market. And the old is selling goods from old prices. Cotton yarns and polyester fibers are currently suffering from textile damage. However, with old-fashioned goods being sold in textiles, the stock has diminished.

The standard of payment in cloth has become longer. After the sale of the cloth, the payment clauses have been increased from 3 to 6 days and after 3 days in cash payment, 5 percent of the checks have been made under the check. The sluggishness in textile has been reduced from 5 to 5 percent and banks have also tightened their financing in the textile market by putting lending against textile in the negative category. Movement is seen in old-fashioned goods due to the improvement in textile. But the money cycle does not go well with the money cycle. As a result, despite the huge investment in textile production and trade, its yields are not discounted.

The wedding season has now fallen short of virginity. But because of the fact that many people from NRIs come from other countries, it is seen in the dark market. Due to horizontal mass from December 1 to January 1, there is good effect. Moreover, the storms and unrest in the country are currently affecting the northern states. In addition to the US, European, UK In countries Export activities will be cold as there is a Christmas vacation from December 1 to January 7.

The textile market is running at half capacity in composite mills, powerloom factories, process factories, and garment sectors, due to the diminishing trend in the garment. Textile traders too have fallen by about 5 per cent over a tonne over the past year. And the merchant class is getting confused because of the cost of men and the cost of the shop standing. At this time, only 5% to 5% of the merchandise is being removed in the category associated with the textile business. The remaining merchant class is reducing their capital for shop and home expenses. Apart from the New Cloth Market, the prices and rents of the shop are decreasing in other markets.

Shock to exporters: Textiles have also been declining in the export, with declining domestic demand in textiles. The government has decided to halt the benefits of two export schemes merchandise export from India Scheme (MEIS) and rebate of state and settlement taxis and levies (ROS CTL) benefits to exporters. This has made exporters' finances more intense. When considering the retail costing of exporters' calculations. On the one hand, the banks also show a tendency for lending and on the other hand, under both these schemes, Rs. 3 crores cut.

Cotton Price Reduction: This year, the country is getting rich crop due to good rainfall. And last year, during the growing season, the prices of cotton which were Rs. This year it was Rs. 1 to Rs. 1 has happened. There is good news for composite mills and powerloom sectors in cotton-making cotton-making units.

Even though cotton prices dropped, cotton yarn prices increased by Rs. An increase of 1 to 2 per kilogram has occurred. Despite the estimates of the mass production of cotton, the country is expected to import around 1 lakh bales. As a result, 1 lakh bales have come to India. The remaining 1 lakh bales of imports is expected to come up to 5. However, exports will also go down. The country is estimated to produce around 3 lakh bales.

Textile Price: Cotton Poplin 3po Gray 1/3 3/4 Quality Rs. It is traded at a price of 5. Cotton Poplin 1/2/1 / Gray The malls are sold in 1. 1/2 Qualities Rs. There are deals in 2. And poplin 3 pesos 1/2/3/3 Qual. In the 5th is Malo Malle. 1 PC3PO 1/4 Quality Gray Rs. There is a price of 2. 1 gram gray Rs. 1 and 2 grams of quality Rs. There are deals in 2.

1 pv 1 Gray 1/4 Quality 2 Weight Quality Rs. The malls are sold in 1. Sulzer Loom 1 Pa. 5/1 5/9 grams Rs. The mall has been sold in 2. AirJet 2 pre-one-down 7/1 3/4 Qual. There are deals in 2. 5 Paneo Gray 1/3 3/4 Qty Rs. The malls are sold in 1. Airjet 3s Gray 5/1 8/1 Compact by Comb Poplin Rs. The malls are sold in 1. Airjet 5/1/5 Compact by Comb5 is priced at Rs. There are deals in 2. In rayon, 5 kg 8/94 pounds is available for Rs. In the 5th is Malo Malle. Rayon Plane 3 kg quality price dropped to Rs. There is 1.