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In China, offers for ring‐spun 30s weaving yarn in Xiaoshan fell US cents 5 a kg in the fourth week of May, while compact siro‐spun 40s yarn in Jiangsu also declined down US cents 5 a kg on the week.

Spun viscose yarn prices decreased further in China amid modest liquidity. Many yarn makers were facing high inventory pressure, and thus mostly mulled to extend holidays for the upcoming Dragon Boat festival. However, with VSF prices likely to bottom out, yarn markers may get cost support and few may raise offers slightly.

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 China, PC (65/35) 32s yarn prices in the fourth week of May rolled over in Zhejiang, while 45s PC combed yarn prices remained unchanged on the week.

Blended yarn prices remained stagnant in China as inventories were relatively low and demand is expected to rapidly slow down, in line with the usual fall in textile production during June. However, with rising PSF prices and steady VSF market will somehow continue to support blended yarn markets.

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

Related Keywords: All categories of fabric, authorities, except khadi yarn, exempt from Integrated GST, Gandhi topi, IGST, imports by privileges persons, Indian national flag, organization, the list of items, under multilateral or bilateral commitments, will not attract any tax under the Goods and Services Tax regime. tax department has put up on its website

All categories of fabric, except khadi yarn, Gandhi topi, India's national flag will not attract any tax under the Goods and Services Tax (GST) regime. The tax department has also put up on its website the list of items which would be exempt from the Integrated GST (IGST) under multilateral or bilateral commitments in respect of imports by privileges persons, organisations, authorities and foreigners.

Related Keywords: developing a project becomes more global, Gulf petrochemical producers mainly based in Saudi Arabia, in nature and the choice of location, need to be closer to customers, petrochemical projects and acquisitions, regional gas shortage, target more international players

Gulf petrochemical producers mainly based in Saudi Arabia due to regional gas shortage and the need to be closer to their customers will target more international players for petrochemical projects and acquisitions, experts said. Developing a project becomes more global in nature and the choice of location to invest in becomes one of being close to, either other low-cost centres for feedstocks or the markets.

Related Keywords: adopted five-year project, Bangladesh Cotton Development Board, cotton production can be enhanced, expand cotton farming, further development. experts, production will increase many fold, save huge foreign currency, titled Extensive Cotton Cultivation. considering importance of sector, urged the farmers and others

Bangladesh Cotton Development Board has adopted a five-year project titled "Extensive Cotton Cultivation" considering importance of the sector and its further development. According to experts, cotton production can be enhanced to around 0.8 to 1.0 million bales from the existing hardly 0.1 million bales annually.

On successful implementation of the project, the cotton production will increase many fold and that will save huge foreign currency.

Related Keywords: BUA Group, entered into agreement, facilitate five hundred million dollars, Federal government, incorporates about five hundred Small and Medium Enterprises, Katsina State Government, Katsina Textile and Garment Cluster, make comatose textile industry, urged to initiate incentives for textile clusters, viable again in Nigeria

Katsina State Government has entered into agreement with BUA Group to facilitate 500 million dollars Katsina Textile and Garment Cluster that incorporates about 500 Small and Medium Enterprises (SMEs).

Related Keywords: cleared project to set up a common engineering facility centre, demand for yarn will pick up, drive investment, focusing on development of machinery, major global spinning machinery manufacturers, public-private partnership mode, supported loom development projects, Union government, weaving and garmenting do well, weaving and processing sector

The Union Government has been focusing on development of machinery for weaving and processing sector. It has supported loom development projects on public-private partnership mode and also cleared a project to set up a common engineering facility centre. If segments such as weaving and garmenting do well, demand for yarn will also pick up and this will drive investment.

Related Keywords: Central Bank of Sri Lanka, first two months of current year, garment exports to the EU and the US, industrial exports made by South Asian nation, Sri Lanka Apparel Exporters Association, Sri Lankan apparel exports declined, textiles and apparel

Sri Lankan apparel exports declined by 11.3 percent to $822.4 million in the first two months of the current year compared to exports of $927.5 million in the corresponding period of the last year. According to the data released by the Central Bank of Sri Lanka, textiles and apparel accounted for about 61.95 percent of all industrial exports made by the South Asian nation during the two-month period.

Related Keywords: All apparels attract twelve percent tax, all set for its July first rollout, confident of keeping this launch date, finance minister Arun Jaitley, imposition of five percent tax on cotton fibre, man-made synthetic fibres, put in eighteen percent tax slab, silk and jute will attract no taxes, The Goods and Services Tax, yarn and fabric

The Goods and Services Tax seems all set for its July 1 rollout, with finance minister Arun Jaitley confident of keeping this launch date despite doubts by the lone dissenter, West Bengal's chief minister, who sought more time.

As the Union Minister Arun Jaitely announced an imposition of 5 percent tax on cotton fibre, yarn and fabric from the erstwhile zero percent tax. Textile industry buckled up to face the brunt of GST. However, some states used to levy a value added tax of 2-4 percent on the cotton yarns and fabrics.

In China, offers for 32s polyester yarn in Shengze were up US cent 1 a kg in the third week of May. In Zhejiang, 32s weaving yarn also inched up US cent 1 a kg on the week.

Polyester spun yarn markets in China firmed up as PSF prices grew relatively strong in recent weeks. However, buyers were yet to follow up. Producers raised offers during the week amid brisk trading activities and citing good sales of some specs of polyester yarns. Trading sentiment in spun yarn and greige fabric markets was also activated by firming prices.

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