Chemical Prices
Tariff & Taxes
Export-Import
Country Watch
Customized Research
Energy Statistics
News
Agrochemical
Announcement
Coating
Energy
New Product
Packaging
Petrochemical
Pharmaceutical
Plant
Plastics
Policy
R&D
Speciality Chemicals
Sustainability
Log in
Chemical Prices
Tariff & Taxes
Export-Import
Country Watch
Customized Research
Energy Statistics
News
Request a Demo
Home
News
Policy
Ginners face export embargo on cotton lint
Textiles
Ginners face export embargo on cotton lint
15 Feb '07
1 min read
Recently, Government banned five cotton ginners from exporting because they were not following the 70-30 percent rule.
According to rule, companies allowed to export cotton lint should provide 30 percent of their product to domestic market.
Initially, export ban were imposed on 15 registered ginners, but, ten companies were allowed to exports as they were complying with rule.
The companies banned from exports are Grafax, Alliance Ginneries, Context, Zesa Enterprises and New Cabview.
As per the investigation, these five companies were exporting all their lint.
According to sources, domestic industry was facing scarcity of lint and this has adversely affected local textile companies.
However, experts believe that unviable exchange rate has forced these companies to export goods completely.
More Textiles News - Zimbabwe...
Get Free Weekly Market Insights Newsletter
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!
Subscribe
THANK YOU!
Subscribe for Newsletter
More News
ORLEN & KGS partner to build nationwide biomethane portfolio in Poland
Jul 15, 2025
US’ LYB & Polynt partner on low-carbon marine resin
Jul 14, 2025
INEOS Styrolution debuts bio-polystyrene in Japan
Jul 14, 2025
Arkema to invest $20 mn in new Rilsan Clear unit in Singapore
Jul 11, 2025
LANXESS pigments colour 3D-printed concrete at Venice Biennale
Jul 11, 2025
×
Submit your press release on
editorial@fibre2fashion.com
Copyright © 2025. All rights reserved by
Fibre2Fashion Pvt. Ltd.