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US initiates probe into fine denier PSF imported from 5 Asian nations

Related Keywords: against polyester staple fibre, fine denier polyester staple fibre, imported from five Asian nations, injuring the domestic industry, launched the anti-dumping and countervailing duty probe, response to a petition filed, three US based PSF producers, US department of commerce

The US department of commerce in response to a petition filed by three US based PSF producers earlier this month has launched the anti-dumping and countervailing duty probe against the polyester staple fibre (PSF).

The petition alleged that producers from these Asian countries are dumping fine denier PSF in the US market at sizeable margins. China's dumping margin is alleged to be 88.07-103.06 percent, while that of India is 21.31-29.70 percent.

Raymond plans to invest Rs1400cr in greenfield cotton project at Amravati

Related Keywords: at Textile park Amravati, cotton shirting, creating world class linen, denim and garmenting, expand cotton textile manufacturing footprint, greenfield project, in a phased manner, plans to invest, project is in line with their strategy, Raymond, spread across five hundred acres

Raymond to expand its cotton textile manufacturing footprint plans to invest Rs1,400 crore in a phased manner in its greenfield project at Amravati. Spread across 500 acres, the project is in line with their strategy to expand the cotton textile manufacturing footprint by creating world-class linen, cotton shirting, denim and garmenting at the newly created Textile Park in Amravati, said Gautam Hari Singhania, Chairman and Managing Director, Raymond Group.

Cotton procurement by textile mills to remain low till GST rolls out

Related Keywords: after GST is rolled out, by more than fifty percent, confused over duty draw back, cotton purchased before end June, cotton purchases have come down, maintain minimum inventory, purchases expected to remain low, purchases from exporters even declined, reduced cotton procurement, Textile mills, till things become clear, Traders estimate

Textile mills have reduced cotton procurement to maintain minimum inventory. The purchases are expected to remain low till things become clear after the GST is rolled out. Traders estimate that cotton purchases have come down by more than 50 percent in recent times.

Nirav Patel of a city-based cotton export house said that cotton buying by mills has reduced noticeably as mills are preferring to keep minimum stock.

China textiles mills under sustainability drive save millions

Related Keywords: China Water Programme, collectively saved for mn cubic metres of water, Green Textile City Initiative, half of the trained mills implemented, made millions of dollars worth of savings, over hundred textile mills, provided sector level capacity building, resource efficiency projects, technical training, three textile cities, under IFC

The Green Textile City Initiative, under IFC's China Water Programme, provided sector-level capacity building and technical training for over 100 textile mills in the three textile cities, while half of the trained mills implemented resource efficiency projects on their own.

Telangana govt with Microsoft to enable digitalization of handloom

Related Keywords: continue their traditional craft, Digital Resource Centre, enable Telangana weavers, Microsoft partnered with Chaitanya Bharathi, revive some traditional forms in India’s textile heritage, set up by Microsoft India, support provided to weavers includes capital funding for the looms, sustainable livelihood, Tourism Complex in Pochampally

The Digital Resource Centre at the Tourism Complex in Pochampally has been set up by Microsoft India with a view to revive some traditional forms in India’s textile heritage and enable Telangana weavers to continue their traditional craft for a sustainable livelihood. The Digital Resource Centre was recently inaugurated by Hon'ble Minister KT Rama Rao and Principal Secretary Jayesh Ranjan.

Blended yarn prices steady in Asian markets

In China, PC (65/35) 32s yarn prices were flat in Zhejiang in the second week of June, while 45s PC combed yarn prices were stable on the week. PV 32s were down US cent 1 a kg on the week.

Blended yarn prices in China remained unchanged despite pick up in PSF and VSF prices in recent weeks. A rebound in PSF prices has been encouraging spinners mills to raise offers for PC yarn as spot trade for cotton yarn was shrinking, and prices continuing to fluctuate amid sidelined stance.

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

Viscose yarn price edges down in China

In China, offers for ring‐spun 30s weaving yarn in Xiaoshan were up in the second week of June, while compact siro‐spun 40s yarns in Jiangsu rose on the week, both up US cent 1 a kg.

Viscose spun yarn prices were stable to firm in China, driven by firmer VSF prices. Core‐spun yarn prices climbed, with offers for rabbit‐hair‐like yarn 28s hiked while ring‐spun yarn prices generally rolled over.

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

Arvind Envisol all set to green Ethiopia’s industries

Related Keywords: boost Gross Domestic Product, developing ten mega industrila parks, end-to-end solutions for water treatment, Ethiopia one of the fastest growing economies, Ethiopian Investment Council, generate employment, GoE has embarked on an ambitious Industrialisation drives, Industrial Parks Development Corporation, textile and apparel

Ethiopia is one of the fastest growing economies in the world. GoE has embarked on an ambitious Industrialisation drives that will further boost the country’s Gross Domestic Product and generate employment. Towards this end, the Ethiopian Investment Council (EIC) and Industrial Parks Development Corporation (IPDC) – Government of Ethiopia initiatives – are developing ten mega industrial parks in different regions of the country.

Enterprise Mauritius leading delegation to Fashion SVP for the second time

Related Keywords: and jersey wear, comprising four large enterprises, delegation of local apparel manufacturers, denim, Enterprise Mauritius, Knitwear, latest collections of products including t-shirts, leading for the second time, nine SMEs, participate at Fashion SVP in London, shirts, showcase to UK buyers, Thirteen manufacturers

Enterprise Mauritius is leading for the second time a delegation of local apparel manufacturers to participate at Fashion SVP in London. Thirteen manufacturers comprising four large enterprises and nine SMEs will showcase to UK buyers the latest collections of products including t-shirts, shirts, knitwear, denim, and jersey wear.

India imposes anti dumping duty on Chinese sewing machine needles

Related Keywords: based on the recommendations, Designated Authority in the Commerce Ministry, Finance Ministry, household and industrial purposes, imposed an anti-dumping duty, ltek Beissel Ltd had filed the petition, revenue department, sewing machine needle. imports from China, used for sewing a number of products, valid for a period of five years

The Finance Ministry based on the recommendations of the Designated Authority in the Commerce Ministry, the revenue department has imposed an anti-dumping duty on 'sewing machine needle' imports from China

An anti-dumping duty of Rs. 1,54,732 per lakh needles has been imposed by the department of revenue. This anti-dumping duty would be valid for a period of five years.

ltek Beissel Ltd had filed the petition seeking a sunset review investigation on 'sewing machine needle' imports from China.

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