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Uzbekistan signs presidential decree to revolutionize cotton, textile industry

Related Keywords: advancing, appear in Uzbekistan, corresponding decree was signed, directly from farm, monopoly supplier Uzpahtasanoatexport, new scheme for selling cotton to textile enterprises, over the years purchased raw materials, production of raw cotton, starting from next year, system of ordering, Uzbek President Shavkat Mirziyoyev, Uzbekistan enterprises

Uzbekistan enterprises over the years purchased raw materials from the monopoly supplier Uzpahtasanoatexport. But starting from next year, a new scheme for selling cotton to textile enterprises will appear in Uzbekistan. The corresponding decree was signed by Uzbek President Shavkat Mirziyoyev, podrobno.uz reported.

The presidential decree states that starting with the harvest of raw cotton in 2018, as an experiment, the system of ordering and advancing the production of raw cotton directly from farms and other agricultural producers by domestic textile enterprises will be introduced.

Brazilian cotton prices up 6% in domestic market due to limited supply

Related Keywords: 10.5 percent larger, area sown with cotton, average productivity, Brazil 2017-18 cotton output, Conab, forecast to reach 1.04 million hectares, good perspectives for Brazilian market, may reach 1.69 million tons, National Company for Food Supply, third crop survey

Brazil’s 2017-18 cotton output may reach 1.69 million tons, 10.5 percent larger than in the previous crop, due to the good perspectives for the Brazilian market, according to third crop survey on December 12 released by the National Company for Food Supply (Conab). As per the survey, the area sown with cotton is forecast to reach 1.04 million hectares, an increase of 11 percent; however, average productivity is expected to be 1,622 kilos per hectare, a slight 0.5 percent down compared to the 2016-17 season.

VN textile and garment sector to benefit with signing of EVFTA next year

Related Keywords: ample opportunities to upgrade, benefit from preferential tariffs, entry into force, EU-Vietnam Free Trade Agreement, EVFTA, expected to be signed next year, maximum of seven years, Only “EVFTA originating” products, provide tariff preferences, value chain for textile and garment sector, Vietnamese exporters to the EU

The EU-Vietnam Free Trade Agreement (EVFTA) expected to be signed next year which will provide tariff preferences to Vietnamese exporters to the EU. There will also be ample opportunities to upgrade the value chain for the textile and garment sector. Only “EVFTA originating” products will benefit from preferential tariffs for a maximum of seven years after entry into force, said EU-MUTRAP team leader Claudio Dordi.

Indian apparel industry despite global challenges performing competitively

Related Keywords: Apparel Export Promotion Council Export Wards, change in global markets and challenges, emerging Fashion centre, enormous raw material, fair share of Micro, manufacturing base, sector performing at par other countries, Small and Medium enterprises, Smriti Irani, talent in terms of designing, Textile Minister, textile sector comprising

Textile Minister Smriti Irani at the 22nd Apparel Export Promotion Council Export Wards in the national capital said that the textile sector in the country comprising of a fair share of Micro, Small and Medium Enterprises (MSMEs) despite the change in global markets and challenges, the sector is performing at par with other countries competitively.

Also the country is finding its place as an emerging Fashion centre with an enormous raw material and manufacturing base on the country along with the talent in terms of designing.

IIT Delhi in collaboration with DRDO developing smart jacket for soldiers

Related Keywords: antennas, collaboration with Defence Research and Defence Organization, develop smart, DRDO, IIT-D, Indian Institute of Technology-Delhi, integrated with interconnects, intelligent, lighter in weight and lower in price, relatively cheaper jacket, sensors and chips for soldiers, unique feature and design

The Indian Institute of Technology-Delhi (IIT-D) in collaboration with the Defence Research and Defence Organization (DRDO) are working to develop a smart, intelligent and relatively cheaper jacket with unique feature and design, integrated with interconnects, antennas, sensors and chips for soldiers. It will be lighter in weight and lower in price compared to the current one.

Features like signal processing chip, chemical sensor and communication chip will help the soldiers in mobility, threat detection and communication.

Sri Lanka handlooms sector finally turned around reaping goods profits

Related Keywords: annual handloom expo and awards event, finally turned around, Government initiatives, Lankan handloom makers, make low cost dyes for handloom sector, Minister of Industry and Commerce, Ran Salu, reaping good profits, seventy percent of handloom makers are women, Sri Lankan handloom sector, use high quality colorful yarns

Sri Lankan’s handloom sector has finally turned around with several government initiatives to revive the sector. Today many Lankan handloom makers are reaping good profits, said the Minister of Industry and Commerce Rishad Bathiudeen addressing the inauguration of the annual handloom expo and awards event "Ran Salu" on 15th December.

Nylon market remains steady on firm input cost

In China, nylon FDY70D/24F SD prices were steady in the first week of December, while FDY40D was unchanged on the week. Nylon DTY prices were also flat during the week.

Monofilament 30D prices were down US cent 1 a kg on the week while nylon staple fiber 1.5D prices were slightly up during the week.

Related Keywords: caprolactum price, nylon chips prices, nylon filament yarn prices, Nylon prices, nylon prices in China

Caprolactum prices stable-to-soft in Asian markets

In China, spot liquid good offers were flat in the first week of December while solid goods were down US$6 a ton on the week. The SE and FE Asian caprolactum markers on the lower end were stable during the week.

Caprolactum prices in Asia were firm as supply was adequate during the week. In China, CPL offers were stable that week on firm demand. Prices were also supported by strong upstream benzene cost. Domestic run rate was at 79.9% that week, up from previous week.

Related Keywords: benzene prices, caprolactum price, caprolactum price in China, Nylon prices

New enterprise Karl Mayer Digital Factory GmbH to offer digital solution

Related Keywords: driving force for innovations in textile machinery building, flexible development, focus on digitalization, founded a new company, get a fast, important success factor, Karl Mayer, Karl Mayer Digital Factory GmbH, leading warp knitting machinery manufacturer, market leader, new digital solutions, registered office in Frankfur

Karl Mayer, the leading warp knitting machinery manufacturer and a market leader and driving force for innovations in textile machinery building with focus on digitalization as an important success factor has founded a new company called Karl Mayer Digital Factory GmbH, with registered office in Frankfurt/Main.

Welspun first global textile entity to patent fibre tracking technology

Related Keywords: customised software, develop solution, developed technology, first global textile entity, Mumbai-based, partnered with global forensic science company Oritain Global, patent a fibre-tracking technology, turning adversity into opportunity, using RFID, verify origin of cotton, Wel-Trak, Welspun India, world's second largest terry towel producer

Welspun India , Mumbai-based world's second largest terry towel producer developed the technology to verify the origin of cotton, after a large customer terminated a contract following mislabelling of provenance of fibre in certain consignments. It has emerged as the first global textile entity to patent a fibre-tracking technology, turning adversity into opportunity.

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