Varanasi silk weaving industry heaved sigh of relief with hike in import duty

News Tags: Budget hiking customs duty, domestic and overseas markets, dumping cheap silk fabric, facing stiff competition from China, Famed silk weaving industry of Varanasi, from ten to twenty percent, heaved a sigh of relief, imported silk fabric, position to compete with China

New Delhi
Varanasi silk weaving industry heaved sigh of relief with hike in import duty
Summary: 
The famed silk weaving industry of Varanasi that was facing stiff competition from China which has been dumping cheap silk fabric heaved a sigh of relief with the Budget hiking customs duty on imported silk fabric from 10% to 20%. With the hike in duty, the industry will now find itself in a position to compete with China in domestic as well as overseas markets.

The famed silk weaving industry of Varanasi that was facing stiff competition from China which has been dumping cheap silk fabric heaved a sigh of relief with the Budget hiking customs duty on imported silk fabric from 10% to 20%. With the hike in duty, the industry will now find itself in a position to compete with China in domestic as well as overseas markets.

https://www.nyoooz.com/news/varanasi/1023711/kashi-weavers-get-ammunition-to-fight-chinese-invasion/
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Pak textile industry facing supply crisis as cotton trucks stranded in Afghan

News Tags: Central Asian states to enter Pakistan, collecting dust on Pak-Afghan border, facing supply crisis, instructed them to seek clearance, Karachi port, Ministry of National Food Security, over 150 trucks laden with cotton, Pakistan textile industry, refusing to issue permission, trucks containing cotton

Islamabad
Pak textile industry facing supply crisis as cotton trucks stranded in Afghan
Summary: 
With the Ministry of National Food Security refusing to issue permission to the trucks containing cotton from Central Asian states to enter Pakistan, and instead instructed them to seek clearance from the Karachi port. As a result Pakistan textile industry facing supply crisis as over 150 trucks laden with cotton collecting dust on Pak-Afghan border.

With the Ministry of National Food Security refusing to issue permission to the trucks containing cotton from Central Asian states to enter Pakistan, and instead instructed them to seek clearance from the Karachi port. As a result Pakistan textile industry facing supply crisis as over 150 trucks laden with cotton collecting dust on Pak-Afghan border.

According to experts, the local textile industry already facing immense difficulty competing in the region can be hit hard by cotton supply crisis if this issue is not resolved.

https://arynews.tv/en/cotton-trucks-stranded-afghanistan/
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Uzbek signs contract to supply textile products worth $5mn to Bangladesh

News Tags: clothing knitting industry, development of textile, experience Bangladesh, included representatives of textile enterprises, signed an agreement, supply of yarn worth $5 million to Bangladesh, Uzbek delegation, Uztekstilprom association, visit to Bangladesh

Azerbaijan
Uzbek signs contract to supply textile products worth $5mn to Bangladesh
Summary: 
The Uzbek delegation included representatives of textile enterprises of the Uztekstilprom association during their visit to Bangladesh signed an agreement for the supply of yarn worth $5 million to Bangladesh.The purpose of the trip, which took place on January 24-27, was to study the experience of Bangladesh in the development of textile and clothing-knitting industry and visit the Yarn and Fabrics Fair 2018.

The Uzbek delegation included representatives of textile enterprises of the Uztekstilprom association during their visit to Bangladesh signed an agreement for the supply of yarn worth $5 million to Bangladesh.The purpose of the trip, which took place on January 24-27, was to study the experience of Bangladesh in the development of textile and clothing-knitting industry and visit the Yarn and Fabrics Fair 2018.

https://www.azernews.az/region/126489.html
0

Vietnam’s cotton import increasing bigger in volumes

News Tags: depends on imported cotton, export, garment and textile export, imported increasingly bigger volumes, recent years to feed growing, textile and garment production, Vietnam yarn industry

Hanoi
Vietnam’s cotton import increasing bigger in volumes
Summary: 
Vietnam’s yarn industry heavily depends on imported cotton, has imported increasingly bigger volumes of the material in recent years to feed its growing textile and garment production and export.

Vietnam’s yarn industry heavily depends on imported cotton, has imported increasingly bigger volumes of the material in recent years to feed its growing textile and garment production and export.

According to its Ministry of Industry and Trade, Vietnam imported 140,000 tons of cotton worth 244 million U.S. dollars in January, up 49.7 percent in volume and 51.1 percent in value against January 2017,

http://www.xinhuanet.com/english/2018-02/02/c_136945046.htm
0

ITM 2018 coming up this April in Istanbul

News Tags: developing leading technologies, from cotton to yarn, international textile machinery exhibition, ITM 2018, largest exhibition of Turkey and Middle East, participation of hundreds of manufacturers, take place this April in Istanbul, trade delegations, visits of the worldwide industry investors, weaving to knitting and digital printing to dyeing

Istanbul
ITM 2018 coming up this April in Istanbul
Summary: 
ITM 2018 International Textile Machinery Exhibition to take place this April in Istanbul with the participation of hundreds of manufacturers, each developing leading technologies in their respective fields, and the visits of the worldwide industry investors and trade delegations. in addition of being the largest exhibition of Turkey and Middle East in its field, is also one of the most important organizations of the industry globally.

ITM 2018 International Textile Machinery Exhibition to take place this April in Istanbul with the participation of hundreds of manufacturers, each developing leading technologies in their respective fields, and the visits of the worldwide industry investors and trade delegations. in addition of being the largest exhibition of Turkey and Middle East in its field, is also one of the most important organizations of the industry globally.

http://www.textileworld.com/textile-world/2018/02/istanbul-itm-2018-international-textile-machinery-exhibition-update/
0

Polyester yarn prices continue to rise in China, stable in India

In China, offers for 32s polyester yarn in Shengze were up US cents 5 a kg in the third week of January. Spun polyester yarn offers in China continued the uptrend that week in tandem with firming up polyester staple fibre cost. Market saw modest demand and sales were passable during the week.

In India, spun polyester yarn prices stopped falling and were assessed stable during the week. Prices were supported by firm PSF cost and decent demand.

News Tags: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

PTA prices firm up in Asia

Asian PTA prices, CFR China and CFR Southeast Asia marker were both firm in the third week of January. In China, offers for bonded goods were up US$5 a ton during the week.

Purified terephthalic acid prices in Asia were stable to up that week on the back of firm upstream values. PTA market is likely to see weak correction in the coming week as demand weakened. However, since several major PTA units will undergo maintenance in February, together with strong cost support, PTA market will still hold strong capability to resist price drop.

News Tags: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Texworld USA, Apparel Sourcing USA marks record breaking attention

News Tags: 000 visitors, Apparel Sourcing USA, explored the latest designs trends, fashion industry worldwide, featured a record-breaking exhibitors, opened doors to exhibitors and visitors, over 4, representing 14 countries, Texworld USA, Winter editions

New York
Texworld USA, Apparel Sourcing USA marks record breaking attention
Summary: 
The Winter 2018 editions of Texworld USA and Apparel Sourcing USA opened their doors to exhibitors and visitors alike on Monday, January 22nd at the Javits Center featured a record-breaking 371 exhibitors representing 14 countries and over 4,000 visitors.

The Winter 2018 editions of Texworld USA and Apparel Sourcing USA opened their doors to exhibitors and visitors alike on Monday, January 22nd at the Javits Center featured a record-breaking 371 exhibitors representing 14 countries and over 4,000 visitors.

Over three days, a wide range of international suppliers from around the globe showcased textiles, trims, accessories, manufacturing and private label development services and finished apparel for industry buyers, designers and experts.

http://www.textileworld.com/textile-world/knitting-apparel/2018/01/winter-2018-edition-of-texworld-usa-and-apparel-sourcing-usa-breaks-exhibitor-and-attendee-records/
0

ITM 2018, the meeting point of textile technology leaders

News Tags: international textile machinery exhibition, Istanbul Yarn Fair, ITM 2018, machine manufacturers, Textiles

Mumbai
Summary: 
The heart of the world textile industry will beat at ITM 2018 International Textile Machinery Exhibition to be held in Istanbul between April 14-17, 2018. With the participation of hundreds of manufacturers, each developing leading technologies in their respective fields, and the visits of the worldwide industry investors and trade delegations the event will turn into a textile show.

The heart of the world textile industry will beat at ITM 2018 International Textile Machinery Exhibition to be held in Istanbul between April 14-17, 2018. With the participation of hundreds of manufacturers, each developing leading technologies in their respective fields, and the visits of the worldwide industry investors and trade delegations the event will turn into a textile show.

0

Cotton prices continues to slip

News Tags: amid slow demand from spinners, CCI, cotton bales, Cotton prices continued to slide, KCA, on Wednesday at cotton market. Ginners holding substantial stocks, rapidly falling prices, spot rate, suffer huge losses, third consecutive session, unsold cotton

Karachi
Cotton prices continues to slip
Summary: 
Cotton prices continued to slide for the third consecutive session amid slow demand from the spinners on Wednesday. Ginners holding substantial stocks of unsold cotton and with rapidly falling prices are likely to suffer huge losses.

Cotton prices continued to slide for the third consecutive session amid slow demand from the spinners on Wednesday. Ginners holding substantial stocks of unsold cotton and with rapidly falling prices are likely to suffer huge losses.

Cotton broker Adil Naseem said that the declining lint price trend indicated that a weaker US dollar against other leading currencies is impacting commodity prices.

https://www.dawn.com/news/1386543/cotton-prices-slip
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