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Falling crude triggers cost reduction in raw materials for making polyester
08-Sep-2014 12:53 pm
- Mumbai
By Nitin Madkaikar
In the week ended 5 September, crude oil prices climbed more than US$2 early in the week as the markets bounced off several month lows hit in the previous week. Also prospects for peace in CIS and a strong US data raised demand expectations. Weaker US$ and expectations of a decline in US crude stocks also supported prices. However, the oil complex
Ethiopia plans to set up enterprise linking cotton producers and textile industr
23-Sep-2014 3:53 pm
- Ethiopia
By YarnsandFibers News Bureau
As the number of companies engaged in the textile industry has been increasing, the Ethiopian Textiles Industry Development Institute plans to set up a national enterprise that will help create linkage between cotton producers and textile
Textile buying agents 80pc generates of export business urge relief from service
23-Sep-2014 2:59 pm
- Chennai
By YarnsandFibers News Bureau
The Association of Buying Agents for Textiles has submitted a memorandum to the Union Finance Ministry seeking relief from service tax levied on them in the recent Budget. The textile buying agents so far were exempted from service tax, as it
MGNREGA scheme to be linked with specific textile sectors
22-Sep-2014 5:23 pm
- New Delhi
By YarnsandFibers News Bureau
Textile Minister Santosh Gangwar had written to Prime Minister Narendra Modi soon after taking charge requesting him to link the entire textile sector, including garments and fibre, to MGNREGA, rural job
Pakistan to explore business opportunity in Denmark
22-Sep-2014 5:06 pm
- Islamabad
By YarnsandFibers News Bureau
A top Pakistani business delegation has left here for a week-long visit to Denmark for exploring the possibilities of cooperation with their Danish counterparts in the field of wind and solar energy which will to a great extent help resolve the
Korea-Canada FTA to help eleminate textile tariff within three years
22-Sep-2014 4:43 pm
- South Korea
By YarnsandFibers News Bureau
It has been nine years since the two countries, Korea and Canada began negotiating the terms of the Free Trade Agreement (FTA) in 2005. President Park Geun-hye, who is currently making a state visit to Canada, will hold a summit meeting on the 23rd


30-Jul-2014 04:55
By: nitin@centerac.com
The history of cotton can be traced as far back as 4500 Before Common Era (BCE). It was first introduced to Europe but became mainstream and part of everyday life only after the industrial revolution.
10-Jul-2014 11:24
By: nitin@centerac.com
The end to the controlled trade regime in textile and clothing (T&C) came as a boon for consumers, especially in developed countries who started getting better and cheaper imported products.
25-Jun-2014 04:32
By: admin
A quota-free regime paid rich dividends for Asian economies as T&C exports rose at a rate of 8 per cent per annum, from US$76.3 billion in 2004 to US$138 billion in 2012. In comparison,...
22-Nov-2013 02:45
By: nitin@centerac.com
Consumer attitudes about the materials and ingredients in products they buy are rapidly changing, shifting toward products that are ethically or sustainably sourced - and clothing is no different....

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