Vietnam became official member last week, making it the 150th country to join WTO. Vietnam's clothing exports saw quantum jump in last 5 years, increasing by 21% per annum. In 2005, it was US$4.8 bln accounting for 1.7% of World's clothing exports.
Polyester Filament Yarn
PFY prices inched up 2-5 cents in Malaysia/Indonesia in the week of 12 January, despite the fall in upstream raw material prices.
Prices in other markets continued to remain stable, rolling over previous week’s numbers
POY sentiments were low in China and sales was reportedly bearish in Shengze and Changshu markets.
Telugu Desam president N Chandrababu Naidu has assured textile traders that the 5 per cent value added tax on textiles will be rolled back if his party is voted to power.
The textile sector has been forced to shed 60% of its workforce because of restrained productivity due to unscheduled and prolonged gas and electricity outages, according to the Council of Loom Owners...
Taiwan Textile Federation (TTF), commissioned by the Bureau of Foreign Trade under the Ministry of Economic Affairs, has selected 20 premium textile exporters in the fourth phase of the “Textile Expor...
United States is one of the largest markets for Pakistan’s textile and clothing products. US market is currently going through turbulent times due to financial crisis, retail figures indicate steady s...
Polyester Filament Yarn
