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Related Keywords: at 52 percent and at 0 to 16.48 percent less, Exporters from Taiwan and South Korea, lead to anti dumping duties, PSF, respectively in the U.S. market, sold low melt polyester staple fiber, than fair value, violating U.S. trade laws

Exporters from Taiwan and South Korea have sold the low melt polyester staple fiber (PSF) at 52 percent and at 0 to 16.48 percent less than fair value, respectively in the U.S., violating U.S. trade laws, that could lead to anti dumping duties the U.S. Department of Commerce said in a statement released Monday evening in the U.S. The petitioner in this case was Nan Ya Plastics Corporation, America, a wholly owned subsidiary of Nan Ya Plastics Corporation, Taiwan.

Related Keywords: computerized cutting machine, exhibit range of latest solutions, Japan-based firm specializing, manufacturing computerized knitting machine, meet current needs of Bangladeshi market, Shima Seiki, upcoming DTG 2018 in Bangladesh, Wakayama, WHOLEGARMENT knitting machine, WHOLEGARMENT knitting technology

Shima Seiki, Wakayama, Japan-based firm specializing in manufacturing computerized knitting machine to exhibit a range of its latest solutions to meet the current needs of the Bangladeshi market at the upcoming 15th Dhaka International Textile & Garment Machinery Exhibition (DTG 2018) in Dhaka, Bangladesh, in cooperation with its partner Pacific Associates Ltd., operating in Bangladesh since 1996, this is the eleventh time the Japanese manufacturer will be participating at DTG.

Related Keywords: after dull trading activity cotton market, cotton bales, cotton prices, falling cotton prices, impacted phutti negatively, KCA, KCE, moving further lower on Tuesday, Punjab quality, Sindh variety, Spinners, spot rate, Textile spinning sector

Cotton prices moving further lower on Tuesday after dull trading activity at cotton market. Falling cotton prices also impacted phutti (seed cotton) negatively, with Punjab quality being quoted between Rs2,700-2,900 and Sindh variety in the range of Rs2,700-3,300 per 40kg. Previously phutti prices were being quoted between Rs2,900-3,500 per 40kg.

However, some buying interest was noted at the lower level as many spinners preferred to cover up their positions amid falling cotton prices.

Related Keywords: Chinese companies, confronted with rising wages, Cotton market, fast increasing level of investment in Africa, higher energy bills, important customers, largely focused on large projects, major players in worlds textile market, mounting logistical costs, quotas on import of cotton, textile production in China

Chinese companies are the major players in the world’s textile market and important customers in the cotton market are fast increasing their level of investment in Africa. They have been largely focused on large projects as textile production in China is today confronted with rising wages, higher energy bills and mounting logistical costs, as well as quotas on the import of cotton.

Related Keywords: AgResearch and Scion, capitalising on growing worries, carpet on seawater, into world’s oceans, New Zealand wool market make up 26 percent exports, position as more sustainable, receive an unfair ranking in LCA, seeking to increase credibility, shedding of microfibres, study on biodegradation of woollen garments, than synthetic alternatives

The wool market that used to make up 26 percent of New Zealand’s exports is now hoping to position itself as more sustainable than synthetic alternatives by capitalising on the growing worries regarding the shedding of microfibres into the world’s oceans. The wool sector of New Zealand is also seeking to increase its credibility regarding sustainability as it claims to receive an unfair ranking in LCA (Life Cycle Assessment) criteria.

Related Keywords: Dutch Agreement on Sustainable Garments and Textile, environment, German Partnership for Sustainable Textiles, harmonising sustainability, implementing due diligence, increase influence on labour rights, producing countries, signing cooperation agreement, supporting companies

The German Partnership for Sustainable Textiles and the Dutch Agreement on Sustainable Garments and Textile announces signing a cooperation agreement supporting companies in implementing due diligence by harmonising sustainability requirements. The cooperation will increase the influence on labour rights and the environment in producing countries.

The German Partnership for Sustainable Textiles is a multi-actor partnership made up of companies, unions, non-governmental organisations, and standards organisations, as well as the Federal Government.

Related Keywords: accounts about six percent, among 90 cotton-growing countries, cotton and textile production, experiment conducted, global cotton production, measures to introduce modern forms of organization, raw cotton crop of 2018, Uzbekistan, world’s sixth-largest cotton producer

Uzbekistan, at present is the world’s sixth-largest cotton producer among 90 cotton-growing countries producing about 1.1 million tons of cotton fiber annually, which accounts for about 6 percent of global cotton production. The country exports cotton mainly to China, Bangladesh, Korea and Russia. An experiment is being conducted starting with the raw cotton crop of 2018.

Related Keywords: basic textile segment, cotton yarn, Knitwear, modest 4 percent increment to reach $292m, Pakistan Bureau of Statistics, Pakistan value-added segment, readymade garment, risen 10 percent to $1.13 billion from $1.03 billion, rose 12 percent, same period of last year, textile exports in the month of December 2017, to clock in at $840m

Pakistan’s value-added segment rose 12 percent to clock in at $840m, wherein textile exports in the month of December 2017 have risen 10 percent to $1.13 billion from $1.03 billion in same period of last year, while basic textile segment followed with a more modest 4 percent increment to reach $292m, according to Pakistan Bureau of Statistics (PBS).

Related Keywords: adhesives, artificial leather, catalysts, coated artificial fur, denim accessories, dye and fine & specialty chemicals, dyes and dye stuffs, dyestuff, embroidery/digital printer, fleece, knitted fabrics, showcasing the latest yarn & fibre, Thirteenth Dhaka International Yarn & Fabric Show 2018, Winter Edition

The 13th Dhaka International Yarn & Fabric Show 2018 - Winter Edition’ organized by CEMS Global-Conference & Exhibition Management Services Ltd and the Sub-Council of Textile Industry (CCPIT), China is starting tomorrow after successful achievements of the previous editions.

Related Keywords: buyers stayed away, cotton bales, cotton inventories, Cotton market, extremely slow tone, falling cotton prices in the world markets, KCA, no transactions, slow off take of yarn, spot rate firm, Trading activity resumed, week opened, yarn market

Trading activity resumed on an extremely slow tone as the week opened at the cotton market as buyers stayed away due to slow off take of yarn and falling cotton prices in the world markets.

Although the SRO for waiver of duty and taxes on lint imports was issued by the government last week, spinners are now facing a new quandary as cotton yarn prices started to decline due to lack of buying from the value-added textile sector.

According to cotton broker Naseem Usman, the spinners have huge cotton inventories, due to which the yarn market has suddenly become depressed and slow.