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USDA plantings data shrugged off by cotton players
02 Jul, 2009 - USA  [FREE]

Cotton traders and players paid little heed to the annual US Agriculture Department planted acreage report, analysts said on Tuesday. USDA pegged US 2009 cotton sowings at 9.054 million acres, up on trade estimates of 8.779 million and the 8.812 mill....

 
Pakistan - Textile industry badly hurt by loadshedding
02 Jul, 2009 - Pakistan  [FREE]

The Textile industry had reached the brink of disaster as a result of forced load shedding of electricity and the recent hike in the prices of Petroleum products. The Government was playing havoc with the industry and exports. The recent price hike i....

 
Henan Textile industrial investments climb 22% in Jan - May 2009
02 Jul, 2009 - China  [FREE]

According to the Henan Provincial Statistics Bureau, investments in the Henan textile industry during January-May 2009 increased by 22.6% compared to the same period of last year to 8,632 million yuan.

However, the growth was 20.9 pe....

 
Australia - Wool prices move higher
02 Jul, 2009 - Australia  

The Australian wool market is moving higher. The June 25th AWEX EMI was 622 (US) cent/kg, or 4 cents higher than the previous day and has been on the US$6 level since May. Although the market is 25% lower than a year ago, prices have risen by 35% fro....

 
Ishikawa fabric production drops more than 40% for 3 straight months
02 Jul, 2009 - Japan  [FREE]

May production of woven fabrics in the Ishikawa production district decreased by 42.1% from the same month of last year to 14,571,000 sq. meters, thus decreasing by more than 40% for three consecutive months.

Polyester fabric productio....

 
Japan`s cotton yarn imports at historically low level in May
02 Jul, 2009 - Japan  [FREE]

The Japan Spinners’ Association reported that the nation’s imports of cotton yarn fell by 40% in May year-on-year to a historically low level of 16,812 bales. In addition to a decrease in domestic demand for cotton yarn caused by the recession, deman....

 
China`s Yisheng seeks approval for third PTA plant in Ningbo
02 Jul, 2009 - China  

China's Zhejiang Yisheng Petrochemical has submitted applications to the state authorities for the construction of its third purified terephthalic acid plant, three people familiar with the matter said Wednesday.

The plant will have a ....

 
China - Above 7.5 Mln textile workers in job insecurity due to financial crisis
02 Jul, 2009 - China  

The China Textile Industry Association released its " Annual report of social responsibility of China's textile and garment industry from 2008 to 2009" on June 29 in Beijing, the report says that above scale textile enterprises in China have been har....

 
Pakistan - Textile sector enjoying refunds as govt decries revenue shortage
02 Jul, 2009 - Pakistan  [FREE]

Instead of generating revenue from the textile sector, which has the largest share in the export basket of the country, the FBR is paying refunds/rebate to the sector and provision of zero-rating salex tax has also not yielded desired results.
....

 
Asian naphtha crackers to run at full tilt in July
01 Jul, 2009 - China  

Asian cracker operators plan to keep ethylene production at close to full rates for the third straight month in July, against earlier expectations, due to prevailing strong derivative polymer prices, industry sources said on Wednesday.

....

 
Dow Chemical to cut ethylene-related production in the U.S.
01 Jul, 2009 - USA  [FREE]

Dow Chemical plans to shut three ethylene-related plants in Louisiana in an effort to reduce its cost structures and focus more on specialty chemicals production, a market it dove into with its acquisition of Rohm and Haas earlier this year.

 
China`s external dependence of textiles and garment is about 30-40 percent
01 Jul, 2009 - China  [FREE]

Based on a rough estimate, China's external dependence of textiles and garment is about 30-40 percent, from January to May this year, China's exports dropped by about 11 percent year-on-year, while domestic sales grew 15 percent, the growth of domest....



 Countrywise News
  • USA  : USDA plantings data shrugged off by cotton players 
  • Pakistan  : Pakistan - Textile industry badly hurt by loadshedding 
  • China  : Henan Textile industrial investments climb 22% in Jan - May 2009 
  • Australia  : Australia - Wool prices move higher 
  • Japan  : Ishikawa fabric production drops more than 40% for 3 straight months 
  • Latest News  
     
    USDA plantings data shrugged off by cotton players

    Pakistan - Textile industry badly hurt by loadshedding

    Henan Textile industrial investments climb 22% in Jan - May 2009

    Australia - Wool prices move higher

    Ishikawa fabric production drops more than 40% for 3 straight months

    Japan`s cotton yarn imports at historically low level in May

    China`s Yisheng seeks approval for third PTA plant in Ningbo

    China - Above 7.5 Mln textile workers in job insecurity due to financial crisis

    Pakistan - Textile sector enjoying refunds as govt decries revenue shortage

    Asian naphtha crackers to run at full tilt in July



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