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Related Keywords: basic foundation, bridge gap, cotton spinners, encourage value addition, export competitiveness built, PRGMEA, production and consumption, reduce cost of doing business, relax duties on yarn import, textile chain, yarn manufacturer

Pakistan Readymade Garments Manufacturers and Exporters Association (PRGMEA) to encourage value addition, reduce cost of doing business and bridge the gap between production and consumption is urging the authorities to relax duties on yarn import.

PRGMEA official said that the availability of competitively priced and high-quality cotton yarn to value-added textile industry is the basic foundation on which export competitiveness is built.

Related Keywords: Cabinet Committee on Economic Affairs, huge lossess, land allocated, largest project for the textile sector, Ministry of Textile and Jute, Proposal of Bangladesh Textile Mills Corporation, purchase new machineries, revive 13 textile mills under a public-private partnership initiative, shutdown 25 years ago, under the ministry

The proposal of Bangladesh Textile Mills Corporation (BTMC), which works under the ministry, to revive the 13 textile mills under a public-private partnership (PP) initiative which were shutdown 25 years ago due to huge lossess, would be placed before the Cabinet Committee on Economic Affairs on Wednesday, according to an official of the Ministry of Textiles and Jute.

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Autumn's the mellow time. Autumn Winter season is the season of happiness and fashion with so many festivities around. Autumn Winter is the season of hot coffee, spending long hours in the sun on a Sunday afternoon, and giving your favorite novel a read while munching some cookies, isn’t it?

In China, offers for ring‐spun 30s weaving yarn in Xiaoshan fell US cents 4 a kg in the third week of December while compact siro‐spun 40s yarns in Jiangsu declined US cents 5 a kg on the week.

Spun viscose yarn market in China dipped this week in tandem with softening viscose staple fibre cost during the week. Buying interest was subdued while liquidity was fair during the week. However, the dull season has begun and it is likely to extend weakness in coming weeks.

In India, viscose spun yarn prices were largely unchanged during the week.

Related Keywords: rayon prices, spun yarn prices, Viscose price, viscose price in china, viscose price in india, viscose price in Pakistan, viscose staple fibre price

In India, PV yarn offers declined in the first week of December while PC yarn prices also edged down. 30s (65/35) PV warp yarns prices fell INR1 a kg while PC 30s (52/48) prices were down INR2 a kg Ludhiana that week.

In Pakistan, poly-cotton prices inched up while poly-viscose prices were stable during the week. Prices increase was limited due to slow domestic and international demand. PC yarn prices were up PakRe1 per pound on the Faisalabad market and 30s were stable on the week. PV 30s yarn prices rolled over during the week.

Related Keywords: pc yarn prices, Polyester prices, prices, psf prices, pv yarn prices, rayon prices, yarn prices

Related Keywords: 000 hectares of land, Chief Minister of Maharashtra Devendra Fadnavis, commissioned first Greenfield linen yarn, earmark 3, fabric manufacturing facility, promote agro industries in cotton belt, promotion of textile hubs, Raymond Limited at Nandgaon Peth in Amravati district, set 200 units in next five years, unit operational within 15 months

Chief Minister of Maharashtra Devendra Fadnavis commissioned the first Greenfield linen yarn and fabric manufacturing facility of Raymond Limited at Nandgaon Peth in Amravati district, which made its unit operational within 15 months.

On this occasssion, Fadnavis announced that the government has decided to earmark 3,000 hectares of land for promotion of textile hubs in Amravati district, accommodating 200 units with a potential to generate 30,000 jobs.

Related Keywords: early this year, estimated at US$31 billion, fabrics US$1.07 billion and cotton US$3.51 billion, faced multiple challenges, second quarter of this year, situation changed for better, textile and garments contribute an estimated US$25.91 billion, total export revenue, Vietnam textile and garment sector

Vietnam textile and garment sector has faced multiple challenges early this year, but the situation has changed for the better since the second quarter of this year. Of the total export revenue of this year estimated at US$31 billion, textiles and garments contribute an estimated US$25.91 billion, fabrics US$1.07 billion and cotton US$3.51 billion.

At a press conference in HCMC on December 11, Giang said that the sector has gained strong export growth this year, at 10.23% versus 2016, and the momentum is to continue into next year with export earnings expected at US$33.5-34 billion.

Related Keywords: developed for interior textile industry, direct printing, focus on new Digistar Bravo, Heimtextil 2018, international trade fair for textile and garment manufacturing, JK Group, range of disperse dye inks, set to showcase Kiian Digital’s products

JK Group is set to showcase Kiian Digital’s products developed for the interior textile industry, with a particular focus on the new Digistar Bravo range of disperse dye inks for direct printing at the international trade fair for textile and garment manufacturing Heimtextil 2018.

The firm said that these inks, which are compatible with Kyocera printheads, provide high quality and runnability in industrial applications, environmental friendliness and outstanding general fastness.

Related Keywords: Buyers made deals for better and second grade of cotton, demand for better grades of lint, depleting better grades of lint, higher prices, import price escalated, increase in dollar value, KCE, keep sellers on driving seats, spot rate. cotton bales

Demand for better grades of lint from buyer likely to keep sellers on driving seats as import price has been escalated due to increase in dollar value. Buyers made deals for better and second grade of cotton on higher prices on account of depleting better grades of lint. Better and second grade of lint fetched price of Rs 6,925 per maund and Rs 6,875 per maund respectively.

The leading ginning units slowed down supply of better grades in order to get premium prices for in next coming trading sessions sensing on increasing demand from buyers.

Related Keywords: BCD, from 10 percent to 25 percent in October, government's announcement, import of fabrics increased sharply post GST, imported MMF fabrics, increasing basic customs duty, largest man-made fabric (MMF) hub of India, Surat still awaiting official notification

After the government's announcement on increasing basic customs duty (BCD) on imported MMF fabrics from 10 percent to 25 percent in October, the largest man-made fabric (MMF) hub of India, Surat is still awaiting central government’s official notification in this connection.

According to Industry leaders, import of fabrics, especially from China, has increased sharply post-GST at almost 30 percent while Surat's power loom weavers who manufacture 4 crore metre of fabrics per day, have been reduced to 1.5 crore metre per day post-GST and more than 50,000 textile workers rendered jobless.