Kenya govt making effort to revive its cotton industry

News Tags: amounts of cotton lint, distribute to local small-scale cotton farmers, feed manufacture, imports substantial, Kenya government, Kenya’s production, local textile mills, low cotton production, mainly from Tanzania, produces 15 times and Uganda whose output five times, revive cotton industry, seed cake, start importing certified seeds from Israel

Africa
Summary: 
Kenya government due to low cotton production, imports substantial amounts of cotton lint and seed cake for local textile mills and feed manufacture mainly from Tanzania that produces 15 times and Uganda whose output five times of Kenya’s production respectively every year.

Kenya government due to low cotton production, imports substantial amounts of cotton lint and seed cake for local textile mills and feed manufacture mainly from Tanzania that produces 15 times and Uganda whose output five times of Kenya’s production respectively every year.

The government as part of its efforts towards reviving the industry will start importing certified seeds from Israel to distribute to local small-scale cotton farmers.

https://www.the-star.co.ke/news/2018/01/04/government-to-revive-cotton-industry-through-value-chain-players_c1692505
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Upward trend seen in cotton prices

News Tags: cotton arrival trend, cotton bales, Ex-Karachi rates also rose, Karachi cotton exchange, spot rates increased Rs200 per maund, trading continued to remain slow

Karachi
Upward trend seen in cotton prices
Summary: 
At the Karachi Cotton Exchange on Wednesday, trading continued to remain slow while spot rates increased Rs200/maund to Rs7,800/maund (37.324kg) and Rs8,359/40kg. Ex-Karachi rates also rose to Rs7,945/maund and Rs8,514/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

At the Karachi Cotton Exchange on Wednesday, trading continued to remain slow while spot rates increased Rs200/maund to Rs7,800/maund (37.324kg) and Rs8,359/40kg. Ex-Karachi rates also rose to Rs7,945/maund and Rs8,514/40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

A total of eight transactions were recorded of around 13,000 bales at a price of Rs8,000 to Rs8,100/maund. Deals were recorded from Ghotki, Kot Sabzal, Liaquatpur, Khanpur, Rahimyar Khan, Mian Channu, Rajanpur and DG Khan.

https://www.thenews.com.pk/print/264108-cotton-up
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Uzbekistan textile worth over $1 bn exported in 2017

Azerbaijan
Uzbekistan  textile worth over $1 bn exported in 2017
Summary: 
Uzbekistan textile industry exported its products worth $1.1 billion to more than 50 countries in the world 2017 and the share of value-added products exceeded 40 percent. The growth of export indicators was facilitated by the activity of 64 trading houses which were opened in foreign countries,,an Uzbek news agency reported quoting statistics from the Association of Textile and Clothing and Textile Industries Enterprises (Uztekstilprom).

Uzbekistan textile industry exported its products worth $1.1 billion to more than 50 countries in the world 2017 and the share of value-added products exceeded 40 percent. The growth of export indicators was facilitated by the activity of 64 trading houses which were opened in foreign countries,,an Uzbek news agency reported quoting statistics from the Association of Textile and Clothing and Textile Industries Enterprises (Uztekstilprom).

https://www.azernews.az/region/124797.html
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APTMA urge govt to announce policy for revival of textile industry

News Tags: agreed long term policy, All Pakistan Textile Mills Association, announce and lay down, Federal textile board, implementation mechanism, long-term policy, meeting with all textile industry stakeholders, Pakistan prime ministe, restoration of international competitiveness, revival and growth of textile industry

Lahore
APTMA urge govt to announce policy for revival of textile industry
Summary: 
The Pakistan prime minister in his meeting with all the textile industry stakeholders in September had very wisely desired the textile ministry and the textile industry to come up with a long-term policy for the revival and growth of the textile industry. All Pakistan Textile Mills Association (Aptma) has urged the government to announce and lay down the implementation mechanism for the agreed long-term policy.

The Pakistan prime minister in his meeting with all the textile industry stakeholders in September had very wisely desired the textile ministry and the textile industry to come up with a long-term policy for the revival and growth of the textile industry. All Pakistan Textile Mills Association (Aptma) has urged the government to announce and lay down the implementation mechanism for the agreed long-term policy.

https://tribune.com.pk/story/1599214/2-aptma-seeks-policy-revival-industry/
0

Coir mattress producers recommend GST reduction to 5pc

News Tags: All India Coir Mattress Manufacturers Association, brought down to 5 percent, coir mattress to 5 percent, dominant unorganised sector to organised one, earlier 12 percent, GST on many coir products, natural coir are used in product, recommend a GST reduction, represented to the Coir Board, spur sales, trigger shift

Kochi
Coir mattress producers recommend  GST reduction to 5pc
Summary: 
The GST on many coir products has been brought down to 5 percent from earlier 12 percent as natural products rubber and coir are used in this product. The All India Coir Mattress Manufacturers Association have represented to the Coir Board to recommend a GST reduction for coir mattress to 5 percent.

The GST on many coir products has been brought down to 5 percent from earlier 12 percent as natural products rubber and coir are used in this product. The All India Coir Mattress Manufacturers Association have represented to the Coir Board to recommend a GST reduction for coir mattress to 5 percent.

https://e-forexnews.com/coir-mattress-producers-want-to-lie-on-a-lighter-gst-rate/
0

Egypt's home textiles exports up nearly 5pc in 2017

News Tags: Egyptian Home Textiles Export Council, Egyptian textiles, Egypts home textiles exports, Egypt’s Textile Export Council, HTEC, increased 4.8 percent reaching $664 million, January to November 2017, Turkey largest importer, under ministry of foreign trade and industry

Cairo
Egypt's home textiles exports up nearly 5pc in 2017
Summary: 
Egypt’s home textiles exports increased 4.8 percent reaching $664 million in January-November 2017 period against $443 million registered in the same period last year, according to the Egyptian Home Textiles Export Council (HTEC), under the ministry of foreign trade and industry. Turkey was the largest importer of Egyptian textiles, followed by Italy, Saudi Arabia, Tunisia, Germany and Portugal.

Egypt’s home textiles exports increased 4.8 percent reaching $664 million in January-November 2017 period against $443 million registered in the same period last year, according to the Egyptian Home Textiles Export Council (HTEC), under the ministry of foreign trade and industry. Turkey was the largest importer of Egyptian textiles, followed by Italy, Saudi Arabia, Tunisia, Germany and Portugal.

https://www.egypttoday.com/Article/3/.../Home-textiles-exports-up-3-in-9-months
0

Mozambique developing its own national standard for sustainable cotton

News Tags: Better Cotton Initiative, Better Cotton standard, Cotton Institute of Mozambique, ISEAL Alliance, Mozambique cotton growing

Mumbai
Summary: 
Mozambique to revitalize its cotton industry is now developing its own national standard for sustainable cotton production, which will mirror the principles and criteria developed by Better Cotton Initiative (BCI).

Mozambique to revitalize its cotton industry is now developing its own national standard for sustainable cotton production, which will mirror the principles and criteria developed by Better Cotton Initiative (BCI).

The Mozambique government has partnered with the BCI. The 2014 strategic partnership agreement was signed by the Cotton Institute of Mozambique (IAM) and BCI embeds the Better Cotton principles and criteria within Mozambique’s national regulations for cotton growing.

0

Cotton production in Pakistan showing 7 pc increase in volume

News Tags: above market expectations, All Pakistan Textile Mills Association, cotton arrival trends, cotton bales, current season, ginning factories, Karachi Cotton Association, last fortnight, Pakistan Cotton Ginners Association, revised production target, targeted cultivation area

Lahore
Cotton production in Pakistan showing  7 pc increase in volume
Summary: 
The Pakistan's cotton arrival trends during last fortnight, showing above the market expectations, at least 422,738 cotton bales of 160 kilograms each reached ginning factories during the last fortnight, as per the industry data showed on Wednesday.

The Pakistan's cotton arrival trends during last fortnight, showing above the market expectations, at least 422,738 cotton bales of 160 kilograms each reached ginning factories during the last fortnight, as per the industry data showed on Wednesday.

According to a consolidated statement of cotton arrivals in factories around the country till January 1, total cotton arrival at ginning stage has so far reached at 11.108 million bales, a seven percent increase in volume compared with the same period a year ago.

https://www.thenews.com.pk/print/264097-cotton-production-increases-7-percent
0

VN garment industry eyes to achieve $34b export target

News Tags: achieve target in 2018, anti dumping, efforts to focus, labour productivity, results of production and business, solution to increase, technology development, textile and garment industry, Vietnam National Garment and Textile Group, Vinatex, world garment industry

Ha Noi
VN garment industry eyes to achieve $34b export target
Summary: 
Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), speaking at a meeting on reporting Vinatex’s results of production and business in Ha Noi on Tuesday said that to achieve the target of more than 10 percent growth in 2018, the textile and garment industry must make great efforts to focus further on solutions to increase labour productivity also the local textile and garment industry must be careful with the anti-dumping story.

Le Tien Truong, general director of the Vietnam National Garment and Textile Group (Vinatex), speaking at a meeting on reporting Vinatex’s results of production and business in Ha Noi on Tuesday said that to achieve the target of more than 10 percent growth in 2018, the textile and garment industry must make great efforts to focus further on solutions to increase labour productivity also the local textile and garment industry must be careful with the anti-dumping story.

http://english.vietnamnet.vn/fms/business/193194/vn-garment-sector-eyes--34b-exports.html
0

CITI Chairman & MD of TT Ltd, Sanjay Jain awarded "Global Business Award"

News Tags: Business World Magazine, Businessworld, CITI chairman, GOPIO Global Business Award, India’s International Trade, international markets for textile, Managing Director of TT Ltd, Pravasi Sammelan 2018, Sanjay Jain of TT ltd, Textile Industry, textile market

Mumbai
Summary: 
Mr. Sanjay K. Jain, Chairman, Confederation of Indian Textile Industry (CITI) and Managing Director of TT Ltd has been awarded the Prestigious BW Businessworld & GOPIO Global Business Award for “Contribution to India’s International

Mr. Sanjay K. Jain, Chairman, Confederation of Indian Textile Industry (CITI) and Managing Director of TT Ltd has been awarded the Prestigious BW Businessworld & GOPIO Global Business Award for “Contribution to India’s International Trade by a Resident Indian”

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