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Turkish knitters urged to set up manufacturing plants in Serbia

Related Keywords: country offers best conditions, emerging markets of Eastern Europe, expected to grow, FDI, financial incentives, Foreign Direct Investments, in the Western Balkans, link between southern and central Europe, prime strategic position, such as government subsidies, Turkish investment in Serbia, Turkish knitted fabric and knitwear manufacturers

Turkish investment in Serbia is expected to grow in the short term as the country offers the best conditions for foreign direct investments (FDI) in the Western Balkans. The Balkan country is offering financial incentives, such as government subsidies, as well as a prime strategic position as a link between southern and central Europe and the emerging markets of Eastern Europe, said Aleksandar Medjedovic , the chairman of Turkey - Serbia Business Council.

Cotton trading activity likely to remain slow for a couple of months

Related Keywords: cotton seed, cotton trading in Sindh and Punjab stations, fine grades of lint, higher demand, Karachi Cotton Association, Karachi cotton exchange, remained selective on grade issue, slow trading continued, spot rates stood firm

At the Karachi Cotton Exchange slow trading continued on Thursday, while spot rates stood firm at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also remained unchanged at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

The cotton market recorded only two transactions of 1,400 bales at Rs6,900 to Rs6,970/maund. Sadiqabad’s 1,000 bales were sold at Rs6,900/maund, while 400 bales of Noorpur Noranga exchanged hands at Rs6,970/maund.

Delegation of Chinese wool buyers to attend Australian wool conference

Related Keywords: attend for the first time, Australian growers, Australian wool conference, between Australia and China, China Wool Industrial Association, increasing demand for Australian fine Merino wool, Major Chinese wool buyers, major step in building a wool bridge, theme is From Farm to Fashion

Major Chinese wool buyers will attend for the first time in Australia at the Ballarat district property of leading Chinese importer and processor Tianuy wool. The conference’s theme is ‘From Farm to Fashion’ and it is a major step in building a wool bridge between Australia and China.

The Chinese buyers, who have been estimated to purchase $2 bn of Australian wool each year, are among 130 delegates attending the internal wool conference.

It is the first time the China Wool Industrial Association will be meeting outside China since it was formed more than 20 years ago.

Negotiation on FTA between Pak and Turkey Free to be held in June

Related Keywords: carpets, cotton yarn, denim PET, discuss specific sectors including textile, ethanol, exchange provisional lists, fabric, Garments, improve trade balance, include manmade textiles, major exports to Turkey, Pakistan and Turkey FTA, Pakistan major imports from Turkey, Seventh round of negotiations, towels

The seventh round of negotiations on Pakistan and Turkey Free Trade Agreement (FTA) would be held from June 6-7,2017 in Turkey in order to finalize the agreement. They will also discuss specific sectors including textile during the negotiations.

A senior official of Ministry of Commerce said that Pakistan and Turkey’s Free Trade Agreement (FTA) will be signed on August 14, of this year for enhancing the bilateral trade between two countries,

Polyester yarn price dips in China

In China, offers for 32s polyester yarn in Shengze slid US cent 2 a kg in the second week of May. In Zhejiang, 32s weaving yarn dropped US cents 2 a kg on the week.

Spun polyester yarn markets in China were in a slack season and covered by wait-and-see atmosphere. Downstream still purchased goods with caution to replenish inventories. Provided PSF market show a strong trend, downstream mills will probably be driven to buy a large volume of raw materials.

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

PTA price softens in Asia, Europe

Asian PTA prices inched up US$4 a ton CFR China and CFR Southeast Asia in the second week of May. In China, offers for bonded goods also softened US$10 a ton on the week. Yisheng Petrochemical’s selling price was cut US$10 a ton while Hengli Petrochemical’s selling price was lowered US$20 a ton on the week.

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

Jharcraft likely to become big time global markets in silk products

Related Keywords: Chief minister Raghubar Das, exploring ecommerce platform, focus on manufacturing, global markets, Jharcraft has potential to become big time national, Jharkhand, more marketable and fashionable apparel products, organized by Jharcraft, silk based products, skill development program, three day fashion festival, weaving community of the state

Jharkhand, Chief minister Raghubar Das on Thursday in his address, before the inauguration of the three day fashion festival organized by Jharcraft at a city hotel urged the weaving community of the state to focus on manufacturing more marketable and fashionable apparel products.

Jharcraft likely to become big time global markets in silk products

Related Keywords: Chief minister Raghubar Das, exploring ecommerce platform, focus on manufacturing, global markets, Jharcraft has potential to become big time national, Jharkhand, more marketable and fashionable apparel products, organized by Jharcraft, silk based products, skill development program, three day fashion festival, weaving community of the state

Jharkhand, Chief minister Raghubar Das on Thursday in his address, before the inauguration of the three day fashion festival organized by Jharcraft at a city hotel urged the weaving community of the state to focus on manufacturing more marketable and fashionable apparel products.

Slow trading continues at cotton market

Related Keywords: closed operations, cotton industry, cotton trading, Karachi Cotton Exchange on Wednesday, majority of mills, off season, recording only one transaction, remained slow, spot rates remained unchanged, two thousand bales from Shujabad

Cotton trading remained slow at the Karachi Cotton Exchange on Wednesday recording only one transaction of 2,000 bales from Shujabad at the rate of Rs6,900/maund, while spot rates remained unchanged.

The spot rates stood firm at Rs6,750/maund (37.324kg) and Rs7,234/40kg. Ex-Karachi rates also remained unchanged at Rs6,885/maund and Rs7,379/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

Lenzing to offer new eco friendly viscose fibre called EcoVero

Related Keywords: EcoVero fibres, environmental awareness of consumers, Fibre producer, growing steadily in fashion and textile industry, Lenzing, lowest environmental impact in the industry, made from wood, natural and renewable raw material, offering eco friendly viscose fibre called EcoVero, sustainability journey, to achieve next milestone

Lenzing, Fibre producer to achieve the next milestone in its sustainability journey by offering eco-friendly viscose fibre called EcoVero with the lowest environmental impact in the industry as the environmental awareness of consumers has been growing steadily over the last decade, more recently in the fashion and textile industry.

The new fibres will be launched at the global textile trade shows from this autumn onwards. Right now, the sampling phase has started and special customers are developing products using EcoVero fibres.

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