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Related Keywords: approved the pact, Australian fashion designers, between the two nations, clothing, field of textile, handloom and fashion, India and Australia, Indian and Australian market, intensify cooperation, interest to work with India, other textiles, producing garments using Indian woven, Union Cabinet chaired by Prime Minister Narendra Modi

The Union Cabinet chaired by Prime Minister Narendra Modi approved the pact that will intensify cooperation in the field of textile, clothing, handloom and fashion between the two nations India and Australia at a meeting held in New Delhi.

In India, polyester yarn prices were hiked in the first week of June following the upward revision in PSF prices in early June. However, export have become uncompetitive with INR showing signs of strengthening against the US$. Polyester yarn 30 knit yarn prices were up INR2 a kg (up US cents 4) in Ludhiana market.

Polyester spun yarn markets in China were steady and offers for high-quality 32s yarn rolled over but demand was sparse as a whole. Offers went slightly lower amid lukewarm transaction in Shengze as buyers picked up volumes to meet immediate demand.

Related Keywords: Polyester prices, polyester yarn prices, psf prices, spun yarn prices, yarn prices in china, yarn prices in India, yarn prices in Pakistan

Asian PTA prices gained US$9 a ton CFR China and CFR Southeast Asia in the first week of June. Purified terephthalic acid prices rose in Asian markets on strong fundamentals, higher demand and support from firming upstream paraxylene prices.

In China, PTA market showed strong performance that week, with average price up from previous week. Spot PTA supply was tight and the spread on offers and discussions between PTA spots and futures narrowed steadily.

Related Keywords: Polyester prices, pta price in China, pta price in US, PTA prices, purified terephthalic acid prices

Taiwan origin 3D bright ASF tow offers rolled over in the first week of June, since it was last revised upward in late April. In China, medium-length fiber and cotton-type staple ASF prices rolled over on the week in Yuan terms but up US cents 2 due to weak US$.

Acrylic staple fiber prices were stable amid limited activities in Asian markets that week. Downstream demand saw no improvement, as yarn makers faced high inventory pressure amid slow liquidity.

Related Keywords: acrylic staple fibre, acrylonitrile prices, ASF prices, asf prices in China, asf prices in India, asf prices in Pakistan

Asian acrylonitrile prices declined US$41 a ton CFR Far East Asia in the first week of June while CFR South East fell US$10 a ton on the week. In China, offers for offshore cargoes rolled over on the week.

Acrylonitrile prices fell in Asian markets from a week ago due to sluggish downstream demand and fall in raw material cost. In China, ACN spots remained weak during the week although demand improved a bit but remained sluggish in general amid sufficient supply in spite of recent outage of Qilu.

Related Keywords: Acrylonitrile price in Asia, Acrylonitrile price in Europe, Acrylonitrile price in USA, asf producers, chemical grade propylene

Related Keywords: fancy and blended yarns, flax, k as well as specialty products including elastic, kick off in October at Shanghai, leading sourcing platform, man-made fibres and yarns, natural and blended yarns including cotton, regenerated flax, showcase latest collection, Suppliers from Asian and European countries, wool, Yarn Expo Autumn edition

Yarn Expo 2017, a leading sourcing platform for suppliers from Asian and European countries to showcase their latest collection of natural and blended yarns including cotton, wool, flax / regenerated flax, and man-made fibres and yarns, as well as specialty products including elastic, fancy and blended yarns. The Yarn Expo Autumn 2017 will kick off from October 11 at Shanghai, China.

Related Keywords: a wholly owned subsidiary of Raymond brand, gain duty free access, highly subsidised power, inaugurated its Greenfield garment manufacturing plant in Ethiopia, leading manufacturer, lower cost manpower, marketer and retailer, ready to wear apparel, Silver Spark Apparel Ethiopia PLC, US and European markets, worsted suiting fabrics

Silver Spark Apparel Ethiopia PLC, a wholly owned subsidiary of Raymond brand - the leading manufacturer, marketer and retailer of worsted suiting fabrics & ready to wear apparel inaugurated its Greenfield garment manufacturing plant in Ethiopia to gain duty-free access to the US and European markets.

The plant set up at Hawassa Industrial Park (HIP) with an investment of Rs 100 cr and will employ over 2500 people in the first phase. More people will join later, the company said. This foray is in line with the Group’s ambitions to increase its presence across international markets.

Related Keywords: boost textile industry, country in Oceania, domestic demand for garment and textile, government run garment and textile training institute, Papua New Guinea, PNG, PNG Garment and Textile Industry Development Policy, sleeping giant, small to medium business sector, southwestern Pacific Ocean, striving to make its stand

Papua New Guinea (PNG), a country in Oceania, in the southwestern Pacific Ocean to boost its textile industry, the government run garment and textile training institute, a sleeping giant striving to make its stand in today’s small to medium business sector.

The training institution under the care of the SME Corporation has been serving, women, girls, men and youths in tailoring and textile programs in the bid to help improve their lives.

Related Keywords: Cotton market, cotton price stayed firm, fewer arrivals of phutti, Karachi cotton exchange, major textile players, no transaction recorded, price of phutti, remained cautious amid short supply, Spinners and ginners, spot rates remained unchanged

As both spinners and ginners remained cautious amid short supply, the cotton market on Wednesday stayed firm. While at the Karachi Cotton Exchange on Wednesday, no transaction was recorded. Spot rates also remained unchanged at Rs6,650/maund (37.324kg) and Rs7,127/40kg.

Ex-Karachi rates also remained firm at Rs6,785/maund and Rs7,272/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Related Keywords: any attempts to convert into organized, demands exempting textile fabric, GST, job work, lead fraternity from across the country in New Delhi, major textile manufacturing and trading hub of India, potentially destroy the sector, road map for the protest, sector is predominantly unorganised, Textile traders and businessmen from Surat

Textile traders and businessmen from Surat, India’s major textile manufacturing and trading hub will lead their fraternity from across the country in New Delhi on June 22-23 to press for their demands for exempting the textile fabric and job work for Goods and Service Tax (GST) and will form a committee to decide on a road map for the protest.

Meanwhile, Rajkot Chamber of Commerce and Industry (RCCI) has also organised a programme in Rajkot for 117 local trade bodies and another 24 from rest of Saurashtra.