Blended yarn prices remain range-bound in Asia

In China, offers for PC yarn were stable in the first week of February while that of PV yarn were firm during the week.

In India, PC yarn offers were assessed unchanged during the week while PV yarn prices also remained range-bound despite rising polyester fibre cost. 30s (65/35) PV warp yarns prices were stable while PC 30s (52/48) prices were up INR1 a kg in Ludhiana.

In Pakistan, poly-cotton prices rolled over on the back of strong prices in raw material market while poly-viscose prices were steady during the week.

News Tags: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

Kraftsamla launched at Magnetic Maharashtra

News Tags: Alfa Laval, Atlas Copco, Consulate General of Sweden and Swedish Chamber of Commerce, Delaval, Ericsson, IKEA, Kraftsamla, Sandvik and Tieto., SKF

Mumbai
Summary: 
Consulate General of Sweden and Swedish Chamber of Commerce together with Swedish companies launch today at Magnetic Maharashtra the “Kraftsamla” pilot project- aimed to skill and train women from all walks of life in particular underprivileged to create readily employable women for the industry, build value chains, and transform eco-systems in Maharashtra. This is done by representatives of Swedish companies like Alfa Laval, Atlas Copco, Ericsson, IKEA, SKF, Delaval, Sandvik and Tieto.

Consulate General of Sweden and Swedish Chamber of Commerce together with Swedish companies launch today at Magnetic Maharashtra the “Kraftsamla” pilot project- aimed to skill and train women from all walks of life in particular underprivileged to create readily employable women for the industry, build value chains, and transform eco-systems in Maharashtra. This is done by representatives of Swedish companies like Alfa Laval, Atlas Copco, Ericsson, IKEA, SKF, Delaval, Sandvik and Tieto.

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Kiev to host largest expo of Belarusian products in April 2018

News Tags: .all kinds of yarn and knitted goods, acting as expo operator, apparel for children, Belarusian Chamber of Commerce and Industry, BelInterExpo, Exhibition of Belarusian manufacturers, includes daily wear for men and women made of flax-containing yarn, largest event of the kind in Ukraine, Made in Belarus, products designed for infants., Textiles

Mumbai
Summary: 
An exhibition of Belarusian manufacturers Made in Belarus is scheduled to take place in Kiev, the expo will be Belarus' largest event of the kind in Ukraine in the last few years. The expo will be organized by the Belarusian Chamber of Commerce and Industry, with BelInterExpo acting as the expo operator. The expo will be arranged with assistance of the embassy of Belarus in Ukraine and the Chamber of Commerce and Industry of Ukraine. The Kiev International Exhibition Center will showcase the leading Belarusian brands in various areas.

An exhibition of Belarusian manufacturers Made in Belarus is scheduled to take place in Kiev, the expo will be Belarus' largest event of the kind in Ukraine in the last few years. The expo will be organized by the Belarusian Chamber of Commerce and Industry, with BelInterExpo acting as the expo operator.
The expo will be arranged with assistance of the embassy of Belarus in Ukraine and the Chamber of Commerce and Industry of Ukraine. The Kiev International Exhibition Center will showcase the leading Belarusian brands in various areas.

0

Jute Corporation of India opens zonal office in Visakhapatnam

News Tags: at Ramnagar, BJP MP K. Haribabu, facilitate offering Minimum Support Price, JCI, JCI management to popularise jute, Jute Corporation of India, jute growers of South India and Odisha, jute products, zonal office opened in Visakhapatnam, zonal office was inaugurated

Andhra Pradesh
Jute Corporation of India opens zonal office in Visakhapatnam
Summary: 
Jute Corporation of India’s (JCI) zonal office opened in Visakhapatnam that would facilitate offering Minimum Support Price to the jute growers of South India and Odisha. The zonal office was inaugurated by BJP MP K. Haribabu, at Ramnagar here.

Jute Corporation of India’s (JCI) zonal office opened in Visakhapatnam that would facilitate offering Minimum Support Price to the jute growers of South India and Odisha. The zonal office was inaugurated by BJP MP K. Haribabu, at Ramnagar here.

At the inaugural function, he said that it was yet another gift by the NDA government to the region, which had not been mentioned in the AP Reorganisation Act.

He urged the JCI management to popularise jute as an alternative to plastics and create awareness among shops and multiplexes to use jute products.

http://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/jute-corporation-of-india-zonal-office-inaugurated/article22788241.ece
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Indian apparel exports decline by 14pc in Jan 2018

News Tags: 16 percent year-on-year, 8 percent in dollar terms, AEPC, apparel by about 14 percent year-on-year, by 7 percent year-on-year, CITI, Indian apparel export, January this year, man-made textiles, ROSL, sharp fall in the exports of cotton textile, witnessed decline by 14 percent in rupee

Mumbai
Indian apparel exports decline by 14pc in Jan 2018
Summary: 
Indian apparel export in January this year witnessed decline by 14 percent in rupee and 8 percent in dollar terms compared with the year earlier month, as per latest official data. The sharp fall in the exports of cotton textile by 16 percent year-on-year, apparel by about 14 percent year-on-year and man-made textiles by 7 per cent year-on-year contributed to the sub-optimum performance.

Indian apparel export in January this year witnessed decline by 14 percent in rupee and 8 percent in dollar terms compared with the year earlier month, as per latest official data. The sharp fall in the exports of cotton textile by 16 percent year-on-year, apparel by about 14 percent year-on-year and man-made textiles by 7 per cent year-on-year contributed to the sub-optimum performance.

http://www.thehindu.com/todays-paper/tp-business/apparel-exports-continuing-to-decline-says-aepc/article22787483.ece
0

Uzbekistan, S Korea to start textile techno park in Sept

News Tags: conduction of joint research works, development of alternative energy, dyeing, economic cooperation, fabric design, finishing production, First Uzbek-Korean meeting, introduction of brand new South Korean innovations, plan to launch a modern textile techno park, sphere of material science, Tashkent in September, Uzbekistan and South Korea

Tashkent
Uzbekistan, S Korea to start textile techno park in Sept
Summary: 
The head of the State Investment Committee of the Republic, Azim Ahmedkhadzhayev announced it at the first Uzbek-Korean meeting on economic cooperation issues on February 13 announced that Uzbekistan and South Korea plan to launch a modern textile techno park in Tashkent in September.

The head of the State Investment Committee of the Republic, Azim Ahmedkhadzhayev announced it at the first Uzbek-Korean meeting on economic cooperation issues on February 13 announced that Uzbekistan and South Korea plan to launch a modern textile techno park in Tashkent in September.

The new facility will be created on the territory of the Tashkent Institute of Textile and Light Industry and the project is financed through grant funds provided within official development assistance program of the Korean government.

https://www.azernews.az/region/127183.html
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Yarn Expo Spring 2018 expects to add more than 450 exhibitors

News Tags: increasing demand for eco-friendly products, more than 10 countries and regions depict current industry trends, more than 450 exhibitors, rise of innovative synthetic, sourcing platform, specialty yarns, to create effective sales, world''s biggest yarn and fibre consuming market, Yarn Expo Spring 2018

Shanghai
Yarn Expo Spring 2018 expects to add more than 450 exhibitors
Summary: 
The Yarn Expo Spring 2018, the leading trade event in the world''s biggest yarn and fibre consuming market is ready to once again to create an effective sales and sourcing platform for the industry where more than 450 exhibitors from more than 10 countries and regions including China, Hong Kong, India, Indonesia, Korea, Pakistan, Singapore, Thailand, Uzbekistan and Vietnam are expected to take part.

The Yarn Expo Spring 2018, the leading trade event in the world''s biggest yarn and fibre consuming market is ready to once again to create an effective sales and sourcing platform for the industry where more than 450 exhibitors from more than 10 countries and regions including China, Hong Kong, India, Indonesia, Korea, Pakistan, Singapore, Thailand, Uzbekistan and Vietnam are expected to take part.

The fair will depict current industry trends: the rise of innovative synthetic and specialty yarns and increasing demand for eco-friendly products.

http://www.textilemarket.in/news.aspx?News=450
0

Viet Tien garment firm set export target of USD 1 bn by 2020

News Tags: annual average growth of 10 percent, efficiency of investment projects, expand investment, garment-textile industry in Vietnam, invest in new production technologies, measures to improve, one of the leading companies, realize export turnover target, shift toward green production, USD one billion by 2020, Viet Tien Garment JSC

Hanoi
Viet Tien garment firm set export target of USD 1 bn by 2020
Summary: 
Viet Tien Garment JSC, one of the leading companies in the garment-textile industry in Vietnam, to take measures to improve the efficiency of investment projects, expand investment and shift toward green production to realize the target of USD one billion in export turnover by 2020 with an annual average growth of 10 percent, said Director General Bui Van Tien.

Viet Tien Garment JSC, one of the leading companies in the garment-textile industry in Vietnam, to take measures to improve the efficiency of investment projects, expand investment and shift toward green production to realize the target of USD one billion in export turnover by 2020 with an annual average growth of 10 percent, said Director General Bui Van Tien.

https://en.vietnamplus.vn/viet-tien-garment-firm-targets-one-billion-usd-in-exports-by-2020/126535.vnp
0

Hyosung Corp to invest Rs 3,000cr in spandex project in Maharashtra

News Tags: 000 crore, Hyosung Corporation, India a key focus market, invest around Rs 3, largest global spandex producer of South Korea, Maharashtra spandex project, textile field, working with several leading Indian players

Mumbai
Hyosung Corp to invest Rs 3,000cr in spandex project in Maharashtra
Summary: 
Hyosung Corporation , the largest global spandex producer of South Korea, which is working with several leading Indian players in the textile field feels that India is a key focus market for the company is likely to invest around Rs 3,000 crore Maharashtra’s spandex project.

Hyosung Corporation , the largest global spandex producer of South Korea, which is working with several leading Indian players in the textile field feels that India is a key focus market for the company is likely to invest around Rs 3,000 crore Maharashtra’s spandex project.

The Spandex manufacturing facility to be set up in Aurangabad Industrial city (AURIC), a greenfield smart industrial city being developed across 10,000 acres, as part of the Delhi-Mumbai Industrial Corridor (DMIC), the official said.

https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/hyosung-corp-to-invest-rs-3000-crore-in-maharashtra-spandex-project/articleshow/62944155.cms
0

Insipid conditions continue at cotton market

News Tags: cotton bales, cotton market on Thursday, depressed local market, domestic market, falling world cotton prices, ginners keen to enter into deals, grey cloth, insipid conditions continue, KCA, KCE, kept spinners away from trading ring, little buying interest, Sluggish off-take of cotton yarn, spot rate

Karachi
Insipid conditions continue at cotton market
Summary: 
The sluggish off-take of cotton yarn and grey cloth in the domestic market has kept spinners away from the trading ring. With little buying interest, insipid conditions continue at the cotton market on Thursday. Though ginners were keen to enter into deals but falling world cotton prices have further depressed the local market.

The sluggish off-take of cotton yarn and grey cloth in the domestic market has kept spinners away from the trading ring. With little buying interest, insipid conditions continue at the cotton market on Thursday. Though ginners were keen to enter into deals but falling world cotton prices have further depressed the local market.

https://www.dawn.com/news/1389685/commodities-lethargy-continues-on-cotton-market
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