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India - Mills Rush To Buy Cotton On Delay In Monsoon
02 Jul , 2012 - India [Free]
Cotton prices continued to move up on Monday with demand from mills and spinners increasing. According to market sources, the Rs 300-400 gain for a candy of 356 kg was expected. A Rajkot-based cotton broker said, “Like last week, cotton....

Tajikistan Decreases Cotton Export By 2.3 Percent
02 Jul , 2012 - Tajikistan [Paid]
Tajikistan decreased the export of cotton fiber during the first five months of 2012, Avesta.tj reported on Monday. This index decreased by 2.3 percent or by $2.7 million compared to a similar period of last year. According ....

Growth In Japan`s Technical Textiles Sector
02 Jul , 2012 - Japan [Free]
Technical textile production in Japan continued to increase in 2011 after growing substantially in the previous year, according to a new report from the global business information company Textiles Intelligence called ‘Statistics: Fibre Consumption f....

Taiwan - CPC Corp. Shuts No. 4 Naphtha Cracker for Maintenance
02 Jul , 2012 - Taiwan [Free]
Taiwan’s CPC Corp. shut its No. 4 naphtha cracker for at least seven days of maintenance work, according to two company officials. The plant in Kaohsiung, Taiwan, was halted this week, the officials said, asking not to be identified be....

RMG Exporters Seek Chinese Investment In High-Value Productive Areas
02 Jul , 2012 - China [Free]
Local garment manufacturers have sought Chinese investment in the high-value productive areas where the country lacks enough expertise and technology. The country's highest foreign currency earners made the plea after the Chinese business....

Oerlikon Textile Sells US Embroidery Machine Manufacturer
02 Jul , 2012 - Global [Paid]
Oerlikon Textile forming a part of Oerlikon Group has sold its smallest textile segment, namely American Melco (around 50 employees, turnover 2011 around CHF 15 million, and it was a profitable operation) single head-embroidery machine manufacturer a....

Bangladesh - Garment Labour Panel Demands Higher Wages
02 Jul , 2012 - Bangladesh [Free]
Garment SramikSongramParishad, a platform of six associations of workers, demanded a minimum wage of Tk 7,000 against the backdrop of rising inflation and house rents. They made five demands to the Bangladesh Garment Manufacturers and ....

Bangladesh - NBR Seeks More Apparel Tax
02 Jul , 2012 - Bangladesh [Paid]
The National Board of Revenue (NBR) wants the readymade garments sector to pay taxes in line with others in coming years, and not the modest rates it has been up to now. The readymade garment sector has grown to an annual $18 billion e....

Bangladesh - Export Slump Hurts Jute Cultivation
02 Jul , 2012 - Bangladesh [Free]
The country’s jute cultivation acreage reduced by 2.24 per cent in the current year because of falling demand of the fibre and a slump in export of jute and jute products. Officials of the Department of Agricultural Extension told New Age that acreag....

China - Largest Textile Production Base in Anhui Province Lays Cornerstone
02 Jul , 2012 - China [Free]
On May 28, the first-phase project for 400 million meters of silk-like fabric, which is invested by Qiangquang Group Co., Ltd., laid its foundation stone in the Economic Development Zone of Tianchang City, Anhui Province. The project will cover a lan....

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