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Cotton activity remain firm as prices began to stabilize

Related Keywords: cotton bales, KCA, leading buyers, level of prices, market estimates, overall behavior at cotton market firm, prices began to stabilise, remained above import parity, spot rate, stayed away from trading ring

The overall behavior at cotton market on Thursday was firm and prices began to stabilise. Leading buyers stayed away from the trading ring . However, as per market estimates, the level of prices still remained above import parity.

The current spell of rains in Punjab is being reckoned to be healthy for standing cotton plants and could help improve production. However, leading spinners seemed to be unwilling to take any risk and are keen to import cotton once duty is withdrawn.

Nylon yarn market loses upward momentum

In China, nylon FDY70D/24F SD and FDY40D prices were both up US cents 3-10 in the first week of November. Nylon DTY prices were stable while 30D/10F rose US cents 3 a kg on the week. Monofilament 30D prices up US cents 2 a kg on the week while nylon staple fiber 1.5D prices were down US cents 13 a kg.

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

Caprolactum market witnesses cautious buying sentiment

In the first week of November, the SE and FE Asian caprolactum markers on the lower end jumped US$50 a ton as compared to last week. Meanwhile in China, spot liquid good offers were down US$135 a ton on the week while solid goods fell US$118. Sinopec and Fibrant raised November nomination for liquid goods as compared to last month.

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

IOCL with IDCO signed MoU to develop textile, plastic park in Odisha

Related Keywords: create employment opportunities, growth of petrochemicals sector in Odisha, IDCO, Indian Oil Corporation Ltd, Industrial Development Corporation of Odisha, IOCL, new eco-system, organised to create new inspiration, Petrochemical Investors Conclave, Plastic park, set up textile, signed MoU

At the Petrochemical Investors Conclave , the first-of-its-kind organised to create a new inspiration and a new eco-system for the growth of petrochemicals sector in Odisha, at the same time create employment opportunities for the youth of the state on a large scale. The Indian Oil Corporation Ltd (IOCL) and Industrial Development Corporation of Odisha (IDCO) on Thursday signed two memoranda of understanding (MoUs) to collaborate in the setting up Textiles and Plastic Park at Paradip Refinery in Odisha.

Vlisco plans investment in the Nigerian cotton textile industry

Related Keywords: Dutch textile and design company, foreseeing an end-to-end involvement, from cotton sourcing to retail, held high level discussion, Minister of Finance, Mrs Kemi Adeosun, Nigerian cotton textile industry, Nigerian Textile industry, over proposed investment, Vlisco Group

Dutch textile and design company, Vlisco Group, foreseeing an end-to-end involvement in the Nigerian textile industry from cotton sourcing to retail held high-level discussion on Tuesday with the Minister of Finance, Mrs Kemi Adeosun, over its proposed investment in the Nigerian cotton textile industry.

Mr David Suddens, Chief Executive Officer of Vlisco group who led the delegation to the meeting with the minister in Abuja, said that the investment would boost growth and create jobs across the entire value-chain from cotton to fashion.

Texworld USA coming up in January 2018 with over 240 plus exhibitors

Related Keywords: around the world, bringing together best apparel fabric, business platform, denim, dynamic industry event, embroidery, feature exhibitors specializing in cotton, functional fabrics and more., heart of New York City, January 2018, lace, returning to the Javits Convention Center, Texworld USA, trims and accessory suppliers

Texworld USA, a dynamic industry event and business platform bringing together the best apparel fabric, trims and accessory suppliers in the heart of New York City from around the world returning to the Javits Convention Center January 22-24, 2018 after the success of Texworld USA in July, the important global sourcing show.

Garment exports fall highest in percentage term in October on GST woes

Related Keywords: ambiguities relating to GST, fall highest in percentage term, FIEO, financial crunch, garment exports, hit hard in October, order bookings didn’t happen, reduction in duty drawback rates, worst performing export category

Garment exports hit hard in October as order bookings didn’t happen due to the ambiguities relating to GST. The fall is one of the highest in percentage term, the worst performing export category in October, as per the data with the union commerce ministry.

With readymade garment exports plunging 40.7 percent on a year-on-year (yoy) basis to Rs 5,398 crore in October, exporters have blamed the slump on financial crunch due to the delay in getting GST refunds and reduction in duty drawback rates under the new regime.

International Apparel and textile fair gears up to bring it's April 2018 edition

Related Keywords: apparels, Clothing Machineries and Home textiles, Dubai World Trade Centre, fabrics, fashion, International Apparel and Textile Fair, Nihalani Events, prints, Spring/Summer 2019 highlights, Textile, trade exhibition in Dubai

The November 2017 edition of International Apparel and Textile Fair (IATF) proved to be grand success, making apparel and textile manufacturers from around the globe look forward to the highly anticipated 8th edition due to take place in 24th,25th,26th April 2018. The three-day event that took place from 1st to 3rd November 2017 was inaugurated by H.E Butti Al Ghandi, Board of Director of the Dubai World Trade Centre on 1st November at 11:30 am at Hall 6, Dubai World Trade Centre.

Junior's Fashion Week showcases international brands that walked the runway

Related Keywords: fashion, graphic tees, Juniors Fashion Week, Marks & Spencer, modern jeans, printed leggings, sleepwear, stripes and dot prints, tops, U.S. Polo Assn Kids

Junior’s Fashion Week celebrates the success of preceding events and now takes forward Autumn Winter season for their third stop; Junior’s Fashion Week came to New Delhi, unveiling trendy AW collection by the associating brands on November 11th and 12th at The Grand, New Delhi. The event witnessed creativity of the national and international brands collaborated with JFW.

Danish companies keen to form JV with Pak textile industry

Related Keywords: adding advanced technology, bilateral trade with Pakistan, cut production cost, Danish companies, Danish government, help increase production, improve quality of products, keen interest to enhance, knitwear manufacturing, Pakistan Hosiery Manufacturers and Exporters Association, sign joint venture, various sectors including textile and knitwear

Danish government showing keen interest to enhance bilateral trade with Pakistan, in various sectors including textile and knitwear. Denmark Ambassador to Pakistan Rolf Michael Hay Pereira Holmboe said on Wednesday speaking to traders at the Pakistan Hosiery Manufacturers and Exporters Association (North Zone) office, said that the Danish companies would sign joint ventures in different sectors with Pakistani companies to enhance bilateral trade.

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