http://www.YnFx.com YnFx Overall Textile News en bharati@yarnsandfibers.com YnFx Thu, 17 May 2012 00:00:04 -0600 Thu, 17 May 2012 00:00:04 -0600 http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33977 General Wed, 16 May 2012 00:06:00 -0600 India said Tuesday, May 15 it would cut purchases of Iranian oil by 11 percent following pressure from the United States to join a drive to isolate the Islamic republic over its disputed nuclear progr... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33976 General Wed, 16 May 2012 00:06:00 -0600 Textile exporters have demanded to freeze the electricity prices for six months abolishing the fuel adjustment surcharge as frequent increase in prices and surcharges was hitting all sectors of econom... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33975 General Tue, 15 May 2012 00:06:00 -0600 Shri Lakshmi Cotsyn Limited (SLCL), an integrated textile player engaged in manufacturing and processing of wide range of end-to-end textile products and safety textiles for defence and paramilitary f... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33974 General Tue, 15 May 2012 00:06:00 -0600 Textile demand climbed 2.4 percent last year to a record 82 million metric tons, led by growth in polyester fibers, according to a study. Natural fibers such as cotton had a 3.4 percent d... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33973 General Tue, 15 May 2012 00:06:00 -0600 The first session of discussion over cotton trade between Bangladesh's Ministry of Commerce officials, Bangladesh Tariff Commission and Trading Corporation Bangladesh (TCB) personnel and other stakeho... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33972 General Tue, 15 May 2012 00:06:00 -0600 Still coping with a slowdown in overseas demand, worried Indian apparel manufacturers have written to the government seeking reclassification of loans and extensions of sops and interest subsidies to ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33971 General Tue, 15 May 2012 00:06:00 -0600 Naphtha prices in Asia are expected to remain soft for the rest of May on sluggish downstream demand amid an increase in regional spot supplies, market participants said on Tuesday. Napht... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33970 General Mon, 14 May 2012 00:06:00 -0600 Taiwan's Formosa has bought around 30,000 tonnes of naphtha which is rich in naphthalenes and aromatics (N+A) for second-half June arrival at Mailiao but has shunned open-spec naphtha purchases for n... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33969 General Mon, 14 May 2012 00:06:00 -0600 US ethylene margins fell by nearly 12% in the second week of May, pressured by a sharp drop in ethylene spot prices and higher ethane costs, the ICIS margin report showed on Monday. Ethyl... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33968 General Tue, 15 May 2012 00:06:00 -0600 Japan's Maruzen Petrochemical Co Ltd said on Tuesday it plans to restart its sole naphtha cracker in Chiba, east of Tokyo, on June 21 following scheduled maintenance. Maruzen Petrochemi... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33967 General Mon, 14 May 2012 00:06:00 -0600 European benzene prices plunged by more than $50/tonne (39/tonne) on Monday on sharp losses posted in Asia as well as continued bearishness for crude and energy values amid growing political and ec... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33966 General Tue, 15 May 2012 00:06:00 -0600 Pakistan Textile Exporters Association (PTEA) chairman Rana Arif Tauseef has demanded freeze of the electricity prices for six months and abolition of the fuel adjustment surcharge, saying that the fr... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33965 General Tue, 15 May 2012 00:06:00 -0600 Vietnam's garment and textile sector faces problems with its structure and production methods, said Nguyen Van Tuan, deputy general secretary of Viet Nam Garment and Textile Association. ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33964 General Mon, 14 May 2012 00:06:00 -0600 Polyester filament yarn maker Nakoda today reported a 35.42% rise in its net profit at Rs 14.41 crore for the quarter ended March 31, 2012, mainly on account of increase in its manufacturing income. ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33963 General Mon, 14 May 2012 00:06:00 -0600 The government today said the country's textiles exports are estimated at USD 34 billion during the 2011-12 fiscal. "Textiles exports for the year 2011-12 are projected at USD 34 billio... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33962 General Mon, 14 May 2012 00:06:00 -0600 Cotton prices continued to decline on the back of weak international market and lower demand from mills and exporters. A Rajkot-based broker said that prices may decline by another Rs 5... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33961 General Mon, 14 May 2012 00:06:00 -0600 The Maharashtra Government is planning to adopt the ‘Brazil pattern for boosting cotton yield in the State. “It wants to boost productivity from 475 kg per hectare to 600 kg per hectar... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33960 General Mon, 14 May 2012 00:06:00 -0600 More than 35 Cotton Association of Zambia (CAZ) council members have rejected the K2,000 per kilogramme (kg) being offered by the cotton buyers association as the price of the crop for this years ma... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33958 General Mon, 14 May 2012 00:06:00 -0600 Twenty-two garment exporters of Bangladesh are facing an uncertainty in receiving payments worth $5 million from an Indian company troubled by dwindling working capital.Debt-ridden Lilliput, the large... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33957 General Mon, 14 May 2012 00:06:00 -0600 Bangladesh plans to make an appeal for duty-free market access of readymade garments products to the US market during the visit of US secretary of state Hillary Clinton, due in Dhaka on a two-day trip... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33955 General Mon, 14 May 2012 00:06:00 -0600 Over 100 garment factories in Ashulia apparel area suspended production Sunday as violent protests by thousands of garment workers stretched into the second straight day. At least 100 pe... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33954 General Mon, 14 May 2012 00:06:00 -0600 Brazilian resins producer Braskem (São Paulo; www.braskem.com.br) said its first quarter net profit plunged 50% to BRL 152m (EUR 59.7m) compared with the same period last year, impacted by higher raw ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33953 General Mon, 14 May 2012 00:06:00 -0600 Cotton tumbled to a 21-month low, trimming costs for clothing retailers after the US forecast rising inventories and as industrial output slowed in Asia. World stockpiles will climb 10% to 73.75 milli... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33952 General Sun, 13 May 2012 00:06:00 -0600 Huntsman Textile Effects and DBL Group have embarked on a strategic partnership that is set to drive sustainable excellence, improve overall cost efficiency while enhancing textile differentiation and... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33951 General Sun, 13 May 2012 00:06:00 -0600 Ludhiana With a bad winter last year, knitwear and textile manufacturers have focused a lot on improving their designs and bringing more fashionable items rather than the ones meant for beating the ch... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33950 General Sun, 13 May 2012 00:06:00 -0600 At the end of April 2012, a 60:40 joint venture between China National Petroleum Corporation (CNPC, Beijing / China; www.petrochina.com.cn/ptr) and Petróleos de Venezuela (PDVSA, Caracas / Venezuela; ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33949 General Sun, 13 May 2012 00:06:00 -0600 A number of Egyptian banks have agreed to lend USD 1 billion loan to the Egyptian Company for Ethylene and Derivatives, or Ethylco, to build an ethylene and polyethylene complex in Alexandria with a p... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33948 General Sun, 13 May 2012 00:06:00 -0600 Formosa Plastics Corp. (1301.TW) plans to inject NT$60 billion (US$2 billion) into its Texas plant in the U.S. to boost production capacity and output, according to an interview with the company's cha... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33947 General Sun, 13 May 2012 00:06:00 -0600 South Korea's Honam Petrochemical Corp. (011170.SE) has restarted its naphtha cracker at the Daesan complex after a shutdown due to technical difficulties, a company official said Monday. ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33945 General Sun, 13 May 2012 00:06:00 -0600 China, the world's top cotton consumer, will soon issue about 1 million tonnes of extra cotton import quotas to help textile mills buy cheaper overseas cotton to cut costs, traders said on Friday. ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33944 General Sat, 12 May 2012 00:06:00 -0600 Kiran Dhingra, Secretary of Union Ministry of Textiles, told The Hindu here on Saturday that the export target for textiles for 2011-12 was $33 billion and the year ended with exports of nearly $34 bi... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33943 General Fri, 11 May 2012 00:06:00 -0600 All Pakistan Textile Mills Association (Aptma) Chairman Mohsin Aziz has said that bilateral trade between Pakistan and India is a need, but it should be subject to the provision of a level playing fie... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33942 General Fri, 11 May 2012 00:06:00 -0600 Garments exporters are fearing a further cut or scraping of European Union (EU) package for Pakistani textiles because of opposition of Spain, Portugal and Germany in recent European Parliament meetin... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33941 General Fri, 11 May 2012 00:06:00 -0600 The continuous rupee depreciation has been profitable for many textile and apparel exporters in the country, according to the Confederation of Indian Textile Industry (CITI). "Rupee dep... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33940 General Fri, 11 May 2012 00:06:00 -0600 The textile industry seems to be having the last laugh as cotton prices plummeted to record low in the international market on Thursday having its impact at home the next day. A bullish trend in the c... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33939 General Fri, 11 May 2012 00:06:00 -0600 A surprise increase in first-quarter exports of textiles and garments to Japan, China and Hong Kong, if sustained, could help to offset an anticipated contraction in the local textile industry later t... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33938 General Fri, 11 May 2012 00:06:00 -0600 India is looking forward to achieve an export target of $38 billion (about Rs 200,000 crores) this fiscal. This is 12 per cent higher than the previous year. Meanwhile it was able to close the fiscal ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33937 General Fri, 11 May 2012 00:06:00 -0600 Ahmedabad Textile Industry Research Association (ATIRA) Thursday said it would soon set up a centre of excellence (COE) for composites at an investment of Rs 180 crore, to make high performance fabric... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33935 General Fri, 11 May 2012 00:06:00 -0600 Fine lint remained in high demand with strong physical price amid firm spot rate at the Karachi cotton market, traders at the Karachi Cotton Association (KCA) said on Thursday. The KCA k... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33934 General Fri, 11 May 2012 00:06:00 -0600 The Asian purified terephthalic acid market is stable Friday, despite a plunge in upstream paraxylene and related cotton markets, supported by supply disruptions in India, market sources said Friday. ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33933 General Fri, 11 May 2012 00:06:00 -0600 The Qingdao textile and clothing export fair will be held in the city's international conference and exhibition center from May 4 to 6. The fair will mainly display clothing, garments, f... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33932 General Fri, 11 May 2012 00:06:00 -0600 U.S. and E.U. textile and clothing import prices rose sharply in 2011 reflecting hikes in raw material prices, according to Issue No. 155 of Textile Outlook International from the global business info... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33931 General Fri, 11 May 2012 00:06:00 -0600 Sri Kshetra Dharmasthala Rural Development Project (SKDRDP) is contemplating starting four readymade garment units at Kanavi Honnapur, Pashupatihal, Yamanur and Navanagar in Dharwad district. ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33930 General Fri, 11 May 2012 00:06:00 -0600 China's crude oil imports in April rose 3.3 percent year-on-year to 22.26 million tons, the lowest so far this year, according to data released on Thursday by the General Administration of Customs. ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33929 General Fri, 11 May 2012 00:06:00 -0600 A weaker New Zealand dollar and seasonal drop in wool supply have helped to turn around prices at this week's sale of South Island wool. Exporter New Zealand Wool Services International sa... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33928 General Thu, 10 May 2012 00:06:00 -0600 The chairman of Maharashtra State Cotton Growers' Co-Operative Federation Dr NP Hirani on Wednesday stated that the decision to lift the ban on cotton export by the Union government has enabled the co... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33927 General Thu, 10 May 2012 00:06:00 -0600 A director of the consortium set up to keep the Milton woollen mill spinning is confident it can survive the tough times troubling the wool processing industry. The South Otago plant, whic... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33926 General Thu, 10 May 2012 00:06:00 -0600 The Vietnam National Textile and Garment Group (Vinatex) said on May 10 that it will team up with Itochu Corporation of Japan to build a modern fibre plant in the northern province of Nam Dinh. ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33925 General Thu, 10 May 2012 00:06:00 -0600 New Zealand Wool Services International Limiteds Marketing Executive, Mr Paul Steel reports that the weaker New Zealand dollar and seasonal slowing down of wool supply, helped bolster prices for the ... http://www.yarnsandfibers.com/preferredsupplier/news_fullstory.php?id=33924 General Thu, 10 May 2012 00:06:00 -0600 Minister for Water and Power Syed Naveed Qamar on Wednesday announced one hour reduction in load shedding duration for Faisalabad power looms and other small textile sector related industry in order ...