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Related Keywords: enhancing bilateral trade between the two countries, Free trade agreement, FTA, held inAugust, holding eighth round of talks, Pakistan and Thailand, reach a final decision, request lists from both sides and offer lists, talks on the text of agreement, tariff reduction modalities

Pakistan and Thailand to reach a final decision on the Free Trade Agreement (FTA) will be holding its eighth round of talks which will be held from August 21 to 23. During the 8th round, talks would be held on the text of agreement, tariff reduction modalities, request lists from both sides and offer lists.

Both sides had exchanged the offer lists of items for free trade, including automobile and textile sectors for removing the reservations of the sectors, a senior official of the Ministry of Commerce said.

Related Keywords: face a big challenge, FTAs, Garments and textiles are key export items, ignored on the much touted edges, import around sevent percent of its materials, meet requirements under the rules of origin, signed by the country, to enjoy preferential tariffs, trade agreements, Vietnamese domestic garment and textile companies, weak materials supply

Vietnamese domestic garment and textile companies have, for the foremost half, ignored on the much-touted edges of trade agreements (FTAs) that was signed by the country, experts aforesaid at seminar yesterday.

Vietnam has signed twelve trade agreements, of that ten FTAs have inherit force: VN-ASEAN, ASEAN-India, ASEAN-Australia-New Sjaelland, ASEAN-South Korea, ASEAN-China, ASEAN-Japan, Vietnam-Chile, Vietnam-Japan, Vietnam-South Korea and Vietnam- Eurasian Economic Union, said Nguyễn Ngọc Hòa, deputy director of the HCM town Department of trade and Trade.

Caprolactum prices in Asia were stable to up in June as supply constraint was easing somewhat. Demand remained modest as run rates at polymerization units and yarn makers were at 75%, with no change in inventory levels. In Europe, June price talks continued into last days of the month, with decreases of up to Euro 40 a ton targeted depending on starting point. Asian caprolactam spot prices were up 0.2% from last month. Sinopec nominated July contract at a hike of US$35 a ton from June settlement while Fibrant raised July nomination by US$30 a ton for liquid goods.

Viscose spun yarn prices in June were stable to firm in China and market fundamentals showed signs of improvement. In Xiaoshan, 30s spun viscose price rolled over on the month.

In India, viscose yarn prices inched up on support for firmer VSF cost and export realisation. In India, 30s viscose prices were up US cent 1 in Indore market.

In Pakistan, rise in seasonal demand was reported for viscose yarns in Faisalabad market with prices rolling over on the month. In Pakistan, 35s viscose yarn were pegged stable in Karachi.

Related Keywords: rayon price in Asia, rayon yarn price, viscose price in Asia, viscose spun yarn price in China, viscose spun yarn price in India, viscose spun yarn price in Pakistan, viscose yarn price, VSY price

Polyester spun yarn market in China was slightly higher in June on the back of firm PSF cost amid moderate transactions. In Shengze, offers for 32s polyester yarn were up US cents 3 a kg from May.

In India, polyester yarn prices remained unchanged after being lifted in early June following hike in PSF prices. In India, 30 polyester knit yarns rolled over in Ludhiana market.

In Pakistan, polyester spinners were confronted by lack of export orders, in line with the rapid decline of overall exports. In Pakistan, 30s spun polyester was unchanged on the month.

Related Keywords: Polyester price, polyester spun yarn price in China, polyester spun yarn price in India, polyester spun yarn price in Pakistan, polyester yarn, polyester yarn price in Asia, PSY price

Related Keywords: continued to witness active trading, cotton bales, ex-Karachi rates rose, fixed the official spot rate, Grade 3 cotton, Karachi Cotton Association, Karachi cotton exchange, or base price, Spot rate stood unchanged, transport charges also escalated, upcountry expenses increased

Karachi Cotton Exchange on Tuesday continued to witness active trading, while upcountry expenses increased Rs10 a maund. According to an analyst, upcountry expenses increased after a period of around two years, as transport charges also escalated

Spot rate stood unchanged at Rs6,350/maund (37.324 kilogrammes) and Rs6,802/40-kg. However, ex-Karachi rates rose to Rs6,495/maund and Rs6,960/40-kg after addition of Rs145 and Rs155 as upcountry expenses, respectively.

Related Keywords: Europe could not maintain its upward trend, first quarter of this year, global fabric production dropped, latest figures from ITMF, mainly due to increase in Asia, nearly thirty percent, Rise in global yarn production, significant decrease in Asia, Worldwide fabric stocks plummeted, year-on-year basis increased, year-on-year global fabric output improved

Rise in global yarn production seen by nearly 30 percent during the first quarter of 2017 while on a year-on-year basis it increased by 1.9 percent. The increase in global yarn output was mainly due to 31.8 percent increase in Asia.

In North and South America yarn production increased by 13 percent and 3.5 percent, respectively. Europe could not maintain its upward trend, instead showing a slight decline of 1.2 percent quarter-on-quarter in yarn production, according to the latest figures from the ITMF.

Related Keywords: ACIMIT, domestic market, driven by strong performance, during April to June this year, good level participation by ACIMIT members, Irantex exhibition, order index for textile machinery, recorded significant growth, textile machinery sector, the Association of Italian Textile Machinery Manufacturers, the primary trade fair for the Iranian textile

ACIMIT, the Association of Italian Textile Machinery Manufacturers driven by a strong performance from the domestic market has recorded a significant growth in the order index for textile machinery during the period from April to June 2017.

Specifically, there was a significant increase in orders for the domestic market, where the index stood at an absolute value of 92.9 points (+66% over April-June 2016). In foreign markets, the increase amounted to 22%, and the absolute value of the index stood at 123.4 points.

Related Keywords: Bannari Amman Institute of Technology, design, into Western wear, learn minute details of garment manufacturing, learnt intricacies of textile manufacturing, learnt style of Indian clothing, redesigned silk saris, six-week internship, Students from New Zealand, visited Coimbatore

Students from New Zealand who visited Coimbatore for a six-week internship at Bannari Amman Institute of Technology to learn the minute details of garment manufacturing and design, have turned silk saris into Western wear.

Students from New Zealand took 35 silk saris from Sathyamangalam and redesigned them into Western outfits. These will be at display on Friday during a fashion show hosted by Bannari Amman Institute of Technology.

Related Keywords: Banarasi and Chanderi, Brocade, cluster or area of work, cotton and tussar, crafts museum, Designer Chaupal, designers chosen, Development Commissioner Handlooms, Ikat, interaction between weavers and designers, Jamdani, Ministry of Textiles, several steps to help designer and weaver community, take collaboration to next level, work together

The Ministry of Textiles has been taking several steps to help the designer and weaver community work together and one such step, the Development Commissioner (Handlooms) came up with is the 'Designer Chaupal' at Crafts Museum.

The idea of Designer Chaupal was to have an interaction with the weavers and designers and discuss steps to take their collaboration to the next level.